Looking at the universe of stocks we cover at Dividend Channel, on 9/28/16, STAG Industrial Inc. (NYSE: STAG), U.S. Bancorp (NYSE: USB), and DiamondRock Hospitality Co. (NYSE: DRH) will all trade ex-dividend for their respective upcoming dividends. STAG Industrial Inc. will pay its monthly dividend of $0.1158 on 10/17/16, U.S. Bancorp will pay its quarterly dividend of $0.28 on 10/17/16, and DiamondRock Hospitality Co. will pay its quarterly dividend of $0.125 on 10/12/16.
As a percentage of STAG's recent stock price of $24.84, this dividend works out to approximately 0.47%, so look for shares of STAG Industrial Inc. to trade 0.47% lower — all else being equal — when STAG shares open for trading on 9/28/16. Similarly, investors should look for USB to open 0.66% lower in price and for DRH to open 1.36% lower, all else being equal.
Below are dividend history charts for STAG, USB, and DRH, showing historical dividends prior to the most recent ones declared.
STAG Industrial Inc. (NYSE: STAG):
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 5.60% for STAG Industrial Inc., 2.63% for U.S. Bancorp , and 5.46% for DiamondRock Hospitality Co..
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In Monday trading, STAG Industrial Inc. shares are currently up about 0.2%, U.S. Bancorp shares are down about 0.9%, and DiamondRock Hospitality Co. shares are down about 2.5% on the day.
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