Looking at the universe of stocks we cover at Dividend Channel, on 8/29/16, HSBC Holdings plc (NYSE: HSEB), RioCan Real Estate Investment Trust (OTC: RIOCF), and Estee Lauder Cos., Inc. (NYSE: EL) will all trade ex-dividend for their respective upcoming dividends. HSBC Holdings plc will pay its quarterly dividend of $0.50 on 9/15/16, RioCan Real Estate Investment Trust will pay its monthly dividend of $0.1175 on 9/8/16, and Estee Lauder Cos., Inc. will pay its quarterly dividend of $0.30 on 9/15/16.
As a percentage of HSEB's recent stock price of $26.80, this dividend works out to approximately 1.87%, so look for shares of HSBC Holdings plc to trade 1.87% lower — all else being equal — when HSEB shares open for trading on 8/29/16. Similarly, investors should look for RIOCF to open 0.54% lower in price and for EL to open 0.33% lower, all else being equal.
Below are dividend history charts for HSEB, RIOCF, and EL, showing historical dividends prior to the most recent ones declared.
HSBC Holdings plc (NYSE: HSEB):
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 7.46% for HSBC Holdings plc, 6.44% for RioCan Real Estate Investment Trust, and 1.32% for Estee Lauder Cos., Inc. .
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In Thursday trading, HSBC Holdings plc shares are currently trading flat, RioCan Real Estate Investment Trust shares are trading flat, and Estee Lauder Cos., Inc. shares are up about 0.2% on the day.
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