Looking at the universe of stocks we cover at Dividend Channel, on 5/9/16, Delphi Automotive plc (NYSE: DLPH), M.D.C. Holdings, Inc. (NYSE: MDC), and Cheesecake Factory Inc. (NASD: CAKE) will all trade ex-dividend for their respective upcoming dividends. Delphi Automotive plc will pay its quarterly dividend of $0.29 on 5/25/16, M.D.C. Holdings, Inc. will pay its quarterly dividend of $0.25 on 5/25/16, and Cheesecake Factory Inc. will pay its quarterly dividend of $0.20 on 5/24/16.
As a percentage of DLPH's recent stock price of $70.53, this dividend works out to approximately 0.41%, so look for shares of Delphi Automotive plc to trade 0.41% lower — all else being equal — when DLPH shares open for trading on 5/9/16. Similarly, investors should look for MDC to open 1.04% lower in price and for CAKE to open 0.38% lower, all else being equal.
Below are dividend history charts for DLPH, MDC, and CAKE, showing historical dividends prior to the most recent ones declared.
Delphi Automotive plc (NYSE: DLPH):
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 1.64% for Delphi Automotive plc, 4.15% for M.D.C. Holdings, Inc., and 1.52% for Cheesecake Factory Inc. .
Special Offer: Find out what Dave Moenning is holding in the Top 5 Portfolio with a free 30 day trial offer from Forbes.
In Thursday trading, Delphi Automotive plc shares are currently up about 0.6%, M.D.C. Holdings, Inc. shares are down about 1.4%, and Cheesecake Factory Inc. shares are down about 0.6% on the day. Another source of great dividends is BDC baby bonds. Check them out at dividend channel.
