Looking at the universe of stocks we cover at Dividend Channel, on 11/13/14, Teva Pharmaceutical Industries Ltd (NYSE: TEVA), Astoria Financial Corp. (NYSE: AF), and CNA Financial Corp. (NYSE: CNA) will all trade ex-dividend for their respective upcoming dividends. Teva Pharmaceutical Industries Ltd will pay its quarterly dividend of $0.321 on 12/2/14, Astoria Financial Corp. will pay its quarterly dividend of $0.04 on 12/1/14, and CNA Financial Corp. will pay its quarterly dividend of $0.25 on 12/3/14.
As a percentage of TEVA's recent stock price of $58.12, this dividend works out to approximately 0.55%, so look for shares of Teva Pharmaceutical Industries Ltd to trade 0.55% lower — all else being equal — when TEVA shares open for trading on 11/13/14. Similarly, investors should look for AF to open 0.30% lower in price and for CNA to open 0.63% lower, all else being equal.
Below are dividend history charts for TEVA, AF, and CNA, showing historical dividends prior to the most recent ones declared.
Teva Pharmaceutical Industries Ltd (NYSE: TEVA):
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 2.21% for Teva Pharmaceutical Industries Ltd, 1.20% for Astoria Financial Corp., and 2.52% for CNA Financial Corp..
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In Tuesday trading, Teva Pharmaceutical Industries Ltd shares are currently up about 0.1%, Astoria Financial Corp. shares are up about 0.1%, and CNA Financial Corp. shares are up about 0.5% on the day.
