Looking at the universe of stocks we cover at Dividend Channel, on 5/26/16, Scripps Networks Interactive Inc (NASD: SNI), Time Warner Inc (NYSE: TWX), and Nordstrom, Inc. (NYSE: JWN) will all trade ex-dividend for their respective upcoming dividends. Scripps Networks Interactive Inc will pay its quarterly dividend of $0.25 on 6/10/16, Time Warner Inc will pay its quarterly dividend of $0.4025 on 6/15/16, and Nordstrom, Inc. will pay its quarterly dividend of $0.37 on 6/15/16.
As a percentage of SNI's recent stock price of $62.61, this dividend works out to approximately 0.40%, so look for shares of Scripps Networks Interactive Inc to trade 0.40% lower — all else being equal — when SNI shares open for trading on 5/26/16. Similarly, investors should look for TWX to open 0.55% lower in price and for JWN to open 0.96% lower, all else being equal.
Below are dividend history charts for SNI, TWX, and JWN, showing historical dividends prior to the most recent ones declared.
Scripps Networks Interactive Inc (NASD: SNI):
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 1.60% for Scripps Networks Interactive Inc, 2.21% for Time Warner Inc, and 3.86% for Nordstrom, Inc..
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In Tuesday trading, Scripps Networks Interactive Inc shares are currently up about 1.3%, Time Warner Inc shares are up about 1%, and Nordstrom, Inc. shares are up about 0.5% on the day.
