Looking at the universe of stocks we cover at Dividend Channel, on 8/3/16, Idacorp Inc (NYSE: IDA), CMS Energy Corp (NYSE: CMS), and FirstEnergy Corp (NYSE: FE) will all trade ex-dividend for their respective upcoming dividends. Idacorp Inc will pay its quarterly dividend of $0.51 on 8/30/16, CMS Energy Corp will pay its quarterly dividend of $0.31 on 8/31/16, and FirstEnergy Corp will pay its quarterly dividend of $0.36 on 9/1/16.
As a percentage of IDA's recent stock price of $80.53, this dividend works out to approximately 0.63%, so look for shares of Idacorp Inc to trade 0.63% lower — all else being equal — when IDA shares open for trading on 8/3/16. Similarly, investors should look for CMS to open 0.69% lower in price and for FE to open 1.04% lower, all else being equal.
Below are dividend history charts for IDA, CMS, and FE, showing historical dividends prior to the most recent ones declared.
Idacorp Inc (NYSE: IDA):
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 2.53% for Idacorp Inc, 2.74% for CMS Energy Corp, and 4.17% for FirstEnergy Corp.
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In Monday trading, Idacorp Inc shares are currently trading flat, CMS Energy Corp shares are trading flat, and FirstEnergy Corp shares are off about 1.1% on the day.
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