Looking at the universe of stocks we cover at Dividend Channel, on 5/11/16, MSCI Inc (NYSE: MSCI), Lithia Motors, Inc. (NYSE: LAD), and Kroger Co (NYSE: KR) will all trade ex-dividend for their respective upcoming dividends. MSCI Inc will pay its quarterly dividend of $0.22 on 5/27/16, Lithia Motors, Inc. will pay its quarterly dividend of $0.25 on 5/27/16, and Kroger Co will pay its quarterly dividend of $0.105 on 6/1/16.
As a percentage of MSCI's recent stock price of $75.83, this dividend works out to approximately 0.29%, so look for shares of MSCI Inc to trade 0.29% lower — all else being equal — when MSCI shares open for trading on 5/11/16. Similarly, investors should look for LAD to open 0.30% lower in price and for KR to open 0.30% lower, all else being equal.
Below are dividend history charts for MSCI, LAD, and KR, showing historical dividends prior to the most recent ones declared.
MSCI Inc (NYSE: MSCI):
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 1.16% for MSCI Inc, 1.19% for Lithia Motors, Inc., and 1.18% for Kroger Co .
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In Monday trading, MSCI Inc shares are currently up about 0.6%, Lithia Motors, Inc. shares are up about 0.8%, and Kroger Co shares are up about 2.9% on the day.
