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Ex-Dividend Reminder: Union Pacific, Copa Holdings and CSX

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Looking at the universe of stocks we cover at Dividend Channel, on 5/26/16, Union Pacific Corp (NYSE: UNP), Copa Holdings S.A. (NYSE: CPA), and CSX Corp (NASD: CSX) will all trade ex-dividend for their respective upcoming dividends. Union Pacific Corp will pay its quarterly dividend of $0.55 on 6/30/16, Copa Holdings S.A. will pay its quarterly dividend of $0.51 on 6/15/16, and CSX Corp will pay its quarterly dividend of $0.18 on 6/15/16.

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As a percentage of UNP's recent stock price of $81.35, this dividend works out to approximately 0.68%, so look for shares of Union Pacific Corp to trade 0.68% lower — all else being equal — when UNP shares open for trading on 5/26/16. Similarly, investors should look for CPA to open 0.93% lower in price and for CSX to open 0.71% lower, all else being equal.

Below are dividend history charts for UNP, CPA, and CSX, showing historical dividends prior to the most recent ones declared.

Union Pacific Corp (NYSE: UNP):

Copa Holdings S.A. (NYSE: CPA):

CSX Corp (NASD: CSX):

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 2.70% for Union Pacific Corp, 3.74% for Copa Holdings S.A., and 2.83% for CSX Corp.


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In Tuesday trading, Union Pacific Corp shares are currently off about 0.2%, Copa Holdings S.A. shares are up about 0.5%, and CSX Corp shares are down about 0.7% on the day.