Looking at the universe of stocks we cover at Dividend Channel, on 7/7/14, The
As a percentage of GPS's recent stock price of $42.05, this dividend works out to approximately 0.52%, so look for shares of The Gap, Inc. to trade 0.52% lower — all else being equal — when GPS shares open for trading on 7/7/14. Similarly, investors should look for DGX to open 0.55% lower in price and for TD to open 0.91% lower, all else being equal.
Below are dividend history charts for GPS, DGX, and TD, showing historical dividends prior to the most recent ones declared.
The Gap (NYSE: GPS):
Quest Diagnostics (NYSE: DGX):
Toronto Dominion Bank (NYSE: TD):
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 2.09% for The Gap, Inc., 2.20% for Quest Diagnostics, Inc., and 3.63% for Toronto Dominion Bank.
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In Thursday trading, The Gap shares are currently up about 1%, Quest Diagnostics shares are up about 0.2%, and Toronto Dominion Bank shares are up about 0.3% on the day.
