Looking at the universe of stocks we cover at Dividend Channel, on 9/14/16, OM Asset Management plc (NYSE: OMAM), SpartanNash Co. (NASD: SPTN), and Children's Place, Inc. (NASD: PLCE) will all trade ex-dividend for their respective upcoming dividends. OM Asset Management plc will pay its quarterly dividend of $0.08 on 9/30/16, SpartanNash Co. will pay its quarterly dividend of $0.15 on 9/30/16, and Children's Place, Inc. will pay its quarterly dividend of $0.20 on 10/6/16.
As a percentage of OMAM's recent stock price of $12.97, this dividend works out to approximately 0.62%, so look for shares of OM Asset Management plc to trade 0.62% lower — all else being equal — when OMAM shares open for trading on 9/14/16. Similarly, investors should look for SPTN to open 0.49% lower in price and for PLCE to open 0.25% lower, all else being equal.
Below are dividend history charts for OMAM, SPTN, and PLCE, showing historical dividends prior to the most recent ones declared.
OM Asset Management plc (NYSE: OMAM):
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 2.47% for OM Asset Management plc, 1.96% for SpartanNash Co., and 0.99% for Children's Place, Inc. .
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In Monday trading, OM Asset Management plc shares are currently off about 0.7%, SpartanNash Co. shares are up about 0.6%, and Children's Place, Inc. shares are up about 0.9% on the day.
