Looking at the universe of stocks we cover at Dividend Channel, on 12/16/14, Gildan Activewear Inc (NYSE: GIL), Las Vegas Sands Corp (NYSE: LVS), and International Game Technology (NYSE: IGT) will all trade ex-dividend for their respective upcoming dividends. Gildan Activewear Inc will pay its quarterly dividend of $0.13 on 1/12/15, Las Vegas Sands Corp will pay its quarterly dividend of $0.50 on 12/29/14, and International Game Technology will pay its quarterly dividend of $0.11 on 1/2/15.
As a percentage of GIL's recent stock price of $55.53, this dividend works out to approximately 0.23%, so look for shares of Gildan Activewear Inc to trade 0.23% lower — all else being equal — when GIL shares open for trading on 12/16/14. Similarly, investors should look for LVS to open 0.90% lower in price and for IGT to open 0.64% lower, all else being equal.
Below are dividend history charts for GIL, LVS, and IGT, showing historical dividends prior to the most recent ones declared.
Gildan Activewear Inc (NYSE: GIL):
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 0.94% for Gildan Activewear Inc, 3.59% for Las Vegas Sands Corp, and 2.57% for International Game Technology.
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In Friday trading, Gildan Activewear Inc shares are currently down about 0.5%, Las Vegas Sands Corp shares are off about 0.3%, and International Game Technology shares are up about 0.3% on the day.
