Looking at the universe of stocks we cover at Dividend Channel, on 1/26/17, Alexander's, Inc. (NYSE: ALX), Vornado Realty Trust (NYSE: VNO), and Clarcor Inc. (NYSE: CLC) will all trade ex-dividend for their respective upcoming dividends. Alexander's, Inc. will pay its quarterly dividend of $4.25 on 2/15/17, Vornado Realty Trust will pay its quarterly dividend of $0.71 on 2/15/17, and Clarcor Inc. will pay its quarterly dividend of $0.25 on 2/10/17.
As a percentage of ALX's recent stock price of $438.57, this dividend works out to approximately 0.97%, so look for shares of Alexander's, Inc. to trade 0.97% lower — all else being equal — when ALX shares open for trading on 1/26/17. Similarly, investors should look for VNO to open 0.66% lower in price and for CLC to open 0.30% lower, all else being equal.
Below are dividend history charts for ALX, VNO, and CLC, showing historical dividends prior to the most recent ones declared.
Alexander's, Inc. (NYSE: ALX):
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 3.88% for Alexander's, Inc., 2.64% for Vornado Realty Trust, and 1.20% for Clarcor Inc..
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In Tuesday trading, Alexander's, Inc. shares are currently trading flat, Vornado Realty Trust shares are up about 0.4%, and Clarcor Inc. shares are up about 0.1% on the day.
