Looking at the universe of stocks we cover at Dividend Channel, on 8/19/16, Outerwall Inc (NASD: OUTR), Johnson & Johnson (NYSE: JNJ), and Prudential Financial, Inc. (NYSE: PRU) will all trade ex-dividend for their respective upcoming dividends. Outerwall Inc will pay its quarterly dividend of $0.60 on 9/6/16, Johnson & Johnson will pay its quarterly dividend of $0.80 on 9/6/16, and Prudential Financial, Inc. will pay its quarterly dividend of $0.70 on 9/15/16.
As a percentage of OUTR's recent stock price of $52.26, this dividend works out to approximately 1.15%, so look for shares of Outerwall Inc to trade 1.15% lower — all else being equal — when OUTR shares open for trading on 8/19/16. Similarly, investors should look for JNJ to open 0.66% lower in price and for PRU to open 0.91% lower, all else being equal.
Below are dividend history charts for OUTR, JNJ, and PRU, showing historical dividends prior to the most recent ones declared.
Outerwall Inc (NASD: OUTR):
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 4.59% for Outerwall Inc, 2.66% for Johnson & Johnson, and 3.65% for Prudential Financial, Inc..
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In Wednesday trading, Outerwall Inc shares are currently trading flat, Johnson & Johnson shares are up about 0.1%, and Prudential Financial, Inc. shares are trading flat on the day.
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