Looking at the universe of stocks we cover at Dividend Channel, on 10/14/14, Aetna Inc. (NYSE: AET), IDEX Corporation (NYSE: IEX), and Goldcorp Inc (NYSE: GG) will all trade ex-dividend for their respective upcoming dividends. Aetna Inc. will pay its quarterly dividend of $0.225 on 10/31/14, IDEX Corporation will pay its quarterly dividend of $0.28 on 10/31/14, and Goldcorp Inc will pay its monthly dividend of $0.05 on 10/24/14.
As a percentage of AET's recent stock price of $79.28, this dividend works out to approximately 0.28%, so look for shares of Aetna Inc. to trade 0.28% lower — all else being equal — when AET shares open for trading on 10/14/14. Similarly, investors should look for IEX to open 0.41% lower in price and for GG to open 0.21% lower, all else being equal.
Below are dividend history charts for AET, IEX, and GG, showing historical dividends prior to the most recent ones declared.
Aetna Inc. (NYSE: AET):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.14% for Aetna Inc., 1.64% for IDEX Corporation, and 2.55% for Goldcorp Inc.
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In Friday trading, Aetna Inc. shares are currently up about 0.8%, IDEX Corporation shares are off about 0.3%, and Goldcorp Inc shares are off about 0.3% on the day.
