Looking at the universe of stocks we cover at Dividend Channel, on 6/28/16, MercadoLibre Inc (NASD: MELI), ATN International Inc (NASD: ATNI), and Xerox Corp (NYSE: XRX) will all trade ex-dividend for their respective upcoming dividends. MercadoLibre Inc will pay its quarterly dividend of $0.15 on 7/15/16, ATN International Inc will pay its quarterly dividend of $0.32 on 7/11/16, and Xerox Corp will pay its quarterly dividend of $0.0775 on 7/29/16.
As a percentage of MELI's recent stock price of $133.43, this dividend works out to approximately 0.11%, so look for shares of MercadoLibre Inc to trade 0.11% lower — all else being equal — when MELI shares open for trading on 6/28/16. Similarly, investors should look for ATNI to open 0.41% lower in price and for XRX to open 0.81% lower, all else being equal.
Below are dividend history charts for MELI, ATNI, and XRX, showing historical dividends prior to the most recent ones declared.
MercadoLibre Inc (NASD: MELI):
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 0.45% for MercadoLibre Inc, 1.66% for ATN International Inc, and 3.24% for Xerox Corp.
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In Friday trading, MercadoLibre Inc shares are currently off about 4%, ATN International Inc shares are down about 2.3%, and Xerox Corp shares are down about 4.6% on the day.
