Looking at the universe of stocks we cover at Dividend Channel, on 7/28/15, ConAgra Foods, Inc. (NYSE: CAG), First Republic Bank (NYSE: FRC), and Northwest Bancshares, Inc. (NASD: NWBI) will all trade ex-dividend for their respective upcoming dividends. ConAgra Foods, Inc. will pay its quarterly dividend of $0.25 on 9/1/15, First Republic Bank will pay its quarterly dividend of $0.15 on 8/13/15, and Northwest Bancshares, Inc. will pay its quarterly dividend of $0.14 on 8/13/15.
As a percentage of CAG's recent stock price of $43.92, this dividend works out to approximately 0.57%, so look for shares of ConAgra Foods, Inc. to trade 0.57% lower — all else being equal — when CAG shares open for trading on 7/28/15. Similarly, investors should look for FRC to open 0.24% lower in price and for NWBI to open 1.10% lower, all else being equal.
Below are dividend history charts for CAG, FRC, and NWBI, showing historical dividends prior to the most recent ones declared.
ConAgra Foods, Inc. (NYSE: CAG):
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 2.28% for ConAgra Foods, Inc., 0.94% for First Republic Bank , and 4.40% for Northwest Bancshares, Inc. .
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In Friday trading, ConAgra Foods, Inc. shares are currently off about 0.2%, First Republic Bank shares are off about 0.1%, and Northwest Bancshares, Inc. shares are down about 0.2% on the day.
