Looking at the universe of stocks we cover at Dividend Channel, on 3/25/15, Banco Bilbao Vizcaya Argentaria SA (NYSE: BBVA), MFA Financial, Inc. (NYSE: MFA), and Retail Properties of America, Inc (NYSE: RPAI) will all trade ex-dividend for their respective upcoming dividends. Banco Bilbao Vizcaya Argentaria SA will pay its quarterly dividend of $0.1374 on 4/28/15, MFA Financial, Inc. will pay its quarterly dividend of $0.20 on 4/30/15, and Retail Properties of America, Inc will pay its quarterly dividend of $0.1656 on 4/10/15.
As a percentage of BBVA's recent stock price of $10.23, this dividend works out to approximately 1.34%, so look for shares of Banco Bilbao Vizcaya Argentaria SA to trade 1.34% lower — all else being equal — when BBVA shares open for trading on 3/25/15. Similarly, investors should look for MFA to open 2.44% lower in price and for RPAI to open 1.02% lower, all else being equal.
Below are dividend history charts for BBVA, MFA, and RPAI, showing historical dividends prior to the most recent ones declared.
Banco Bilbao Vizcaya Argentaria SA (NYSE: BBVA):
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 dividend yields on annualized basis would be 5.37% for Banco Bilbao Vizcaya Argentaria SA , 9.77% for MFA Financial, Inc., and 4.06% for Retail Properties of America, Inc.
Special Offer: Free Sample Issue to the Preferred Stock List Newsletter
In Monday trading, Banco Bilbao Vizcaya Argentaria SA shares are currently up about 1.7%, MFA Financial, Inc. shares are up about 0.3%, and Retail Properties of America, Inc shares are down about 0.2% on the day.
