Looking at the universe of stocks we cover at Dividend Channel, on 7/28/16, Omega Healthcare Investors, Inc. (NYSE: OHI), Citigroup Inc (NYSE: C), and Blackstone Group LP (NYSE: BX) will all trade ex-dividend for their respective upcoming dividends. Omega Healthcare Investors, Inc. will pay its quarterly dividend of $0.60 on 8/15/16, Citigroup Inc will pay its quarterly dividend of $0.16 on 8/26/16, and Blackstone Group LP will pay its quarterly dividend of $0.36 on 8/8/16.
As a percentage of OHI's recent stock price of $35.21, this dividend works out to approximately 1.70%, so look for shares of Omega Healthcare Investors, Inc. to trade 1.70% lower — all else being equal — when OHI shares open for trading on 7/28/16. Similarly, investors should look for C to open 0.36% lower in price and for BX to open 1.30% lower, all else being equal.
Below are dividend history charts for OHI, C, and BX, showing historical dividends prior to the most recent ones declared.
Omega Healthcare Investors, Inc. (NYSE: OHI):
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 6.82% for Omega Healthcare Investors, Inc., 1.45% for Citigroup Inc, and 5.21% for Blackstone Group LP .
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In Tuesday trading, Omega Healthcare Investors, Inc. shares are currently down about 0.5%, Citigroup Inc shares are up about 0.2%, and Blackstone Group LP shares are down about 0.1% on the day.
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