Looking at the universe of stocks we cover at Dividend Channel, on 1/29/15, Inland Real Estate Corp (NYSE: IRC), Omega Healthcare Investors, Inc. (NYSE: OHI), and Citigroup Inc (NYSE: C) will all trade ex-dividend for their respective upcoming dividends. Inland Real Estate Corp will pay its monthly dividend of $0.0475 on 2/17/15, Omega Healthcare Investors, Inc. will pay its quarterly dividend of $0.53 on 2/16/15, and Citigroup Inc will pay its quarterly dividend of $0.01 on 2/27/15.
As a percentage of IRC's recent stock price of $11.65, this dividend works out to approximately 0.41%, so look for shares of Inland Real Estate Corp to trade 0.41% lower — all else being equal — when IRC shares open for trading on 1/29/15. Similarly, investors should look for OHI to open 1.19% lower in price and for C to open 0.02% lower, all else being equal.
Below are dividend history charts for IRC, OHI, and C, showing historical dividends prior to the most recent ones declared.
Inland Real Estate Corp (NYSE: IRC):
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 4.89% for Inland Real Estate Corp, 4.74% for Omega Healthcare Investors, Inc., and 0.08% for Citigroup Inc.
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In Tuesday trading, Inland Real Estate Corp shares are currently down about 0.2%, Omega Healthcare Investors, Inc. shares are up about 0.4%, and Citigroup Inc shares are off about 1.7% on the day.
