Alimentation Couche-Tard Becomes Oversold (ATD.B.CA) Looking at the universe of stocks we cover at Dividend Channel, on 12/8/16, Blackrock Incorporated (NYSE: BLK), Brocade Communications Systems, Inc. (NASD: BRCD), and Rogers Communications Inc. (NYSE: RCI) will all trade ex-dividend for their respective upcoming dividends. Blackrock Incorporated will pay its quarterly dividend of $2.29 on 12/23/16, Brocade Communications Systems, Inc. will pay its quarterly dividend of $0.055 on 1/4/17, and Rogers Communications Inc. will pay its quarterly dividend of $0.48 on 1/3/17.
As a percentage of BLK's recent stock price of $375.00, this dividend works out to approximately 0.61%, so look for shares of Blackrock Incorporated to trade 0.61% lower — all else being equal — when BLK shares open for trading on 12/8/16. Similarly, investors should look for BRCD to open 0.44% lower in price and for RCI to open 1.26% lower, all else being equal.
Below are dividend history charts for BLK, BRCD, and RCI, showing historical dividends prior to the most recent ones declared.
Blackrock Incorporated (NYSE: BLK):
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 2.44% for Blackrock Incorporated, 1.77% for Brocade Communications Systems, Inc., and 5.02% for Rogers Communications Inc..
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In Tuesday trading, Blackrock Incorporated shares are currently up about 0.2%, Brocade Communications Systems, Inc. shares are trading flat, and Rogers Communications Inc. shares are down about 0.8% on the day.
