Looking at the universe of stocks we cover at Dividend Channel, on 2/9/17, Silicon Motion Technology Corp (NASD: SIMO), Apple Inc (NASD: AAPL), and American Airlines Group Inc (NASD: AAL) will all trade ex-dividend for their respective upcoming dividends. Silicon Motion Technology Corp will pay its quarterly dividend of $0.20 on 2/23/17, Apple Inc will pay its quarterly dividend of $0.57 on 2/16/17, and American Airlines Group Inc will pay its quarterly dividend of $0.10 on 2/27/17.
As a percentage of SIMO's recent stock price of $38.98, this dividend works out to approximately 0.51%, so look for shares of Silicon Motion Technology Corp to trade 0.51% lower — all else being equal — when SIMO shares open for trading on 2/9/17. Similarly, investors should look for AAPL to open 0.44% lower in price and for AAL to open 0.22% lower, all else being equal.
Below are dividend history charts for SIMO, AAPL, and AAL, showing historical dividends prior to the most recent ones declared.
Silicon Motion Technology Corp (NASD: SIMO):
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 2.05% for Silicon Motion Technology Corp, 1.74% for Apple Inc, and 0.88% for American Airlines Group Inc.
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In Tuesday trading, Silicon Motion Technology Corp shares are currently down about 0.3%, Apple Inc shares are up about 0.5%, and American Airlines Group Inc shares are off about 0.1% on the day.
