Looking at the universe of stocks we cover at Dividend Channel, on 11/30/16, Baxter International Inc. (NYSE: BAX), Bank of America Corp. (NYSE: BAC), and American National Insurance Co. (NASD: ANAT) will all trade ex-dividend for their respective upcoming dividends. Baxter International Inc. will pay its quarterly dividend of $0.13 on 1/3/17, Bank of America Corp. will pay its quarterly dividend of $0.075 on 12/30/16, and American National Insurance Co. will pay its quarterly dividend of $0.82 on 12/16/16.
As a percentage of BAX's recent stock price of $46.59, this dividend works out to approximately 0.28%, so look for shares of Baxter International Inc. to trade 0.28% lower — all else being equal — when BAX shares open for trading on 11/30/16. Similarly, investors should look for BAC to open 0.36% lower in price and for ANAT to open 0.67% lower, all else being equal.
Below are dividend history charts for BAX, BAC, and ANAT, showing historical dividends prior to the most recent ones declared.
Baxter International Inc. (NYSE: BAX):
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 1.12% for Baxter International Inc., 1.45% for Bank of America Corp., and 2.67% for American National Insurance Co. .
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Monday trading, Baxter International Inc. shares are currently down about 0.3%, Bank of America Corp. shares are off about 0.6%, and American National Insurance Co. shares are off about 0.4% on the day.
