Looking at the universe of stocks we cover at Dividend Channel, on 1/13/15, AbbVie Inc. (NYSE: ABBV), Abbott Laboratories (NYSE: ABT), and Mid-America Apartment Communities Inc (NYSE: MAA) will all trade ex-dividend for their respective upcoming dividends. AbbVie Inc. will pay its quarterly dividend of $0.49 on 2/13/15, Abbott Laboratories will pay its quarterly dividend of $0.24 on 2/13/15, and Mid-America Apartment Communities Inc will pay its quarterly dividend of $0.77 on 1/30/15.
As a percentage of ABBV's recent stock price of $66.15, this dividend works out to approximately 0.74%, so look for shares of AbbVie Inc. to trade 0.74% lower — all else being equal — when ABBV shares open for trading on 1/13/15. Similarly, investors should look for ABT to open 0.53% lower in price and for MAA to open 0.98% lower, all else being equal.
Below are dividend history charts for ABBV, ABT, and MAA, showing historical dividends prior to the most recent ones declared.
AbbVie Inc. (NYSE: ABBV):
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 2.96% for AbbVie Inc., 2.10% for Abbott Laboratories, and 3.92% for Mid-America Apartment Communities Inc.
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In Friday trading, AbbVie Inc. shares are currently off about 2.2%, Abbott Laboratories shares are off about 0.1%, and Mid-America Apartment Communities Inc shares are up about 0.4% on the day.
