Looking at the universe of stocks we cover at Dividend Channel, on 8/5/15, Janus Capital Group Inc (NYSE: JNS), Wells Fargo & Co. (NYSE: WFC), and The Charles Schwab Corporation (NYSE: SCHW) will all trade ex-dividend for their respective upcoming dividends. Janus Capital Group Inc will pay its quarterly dividend of $0.09 on 8/21/15, Wells Fargo & Co. will pay its quarterly dividend of $0.375 on 9/1/15, and The Charles Schwab Corporation will pay its quarterly dividend of $0.06 on 8/21/15.
As a percentage of JNS's recent stock price of $16.40, this dividend works out to approximately 0.55%, so look for shares of Janus Capital Group Inc to trade 0.55% lower — all else being equal — when JNS shares open for trading on 8/5/15. Similarly, investors should look for WFC to open 0.65% lower in price and for SCHW to open 0.17% lower, all else being equal.
Below are dividend history charts for JNS, WFC, and SCHW, showing historical dividends prior to the most recent ones declared.
Janus Capital Group Inc (NYSE: JNS):
In general, dividend stocks 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 2.20% for Janus Capital Group Inc, 2.59% for Wells Fargo & Co., and 0.69% for The Charles Schwab Corporation.
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In Monday trading, Janus Capital Group Inc shares are currently up about 0.1%, Wells Fargo & Co. shares are up about 0.2%, and The Charles Schwab Corporation shares are up about 0.2% on the day.
