Looking at the universe of stocks we cover at Dividend Channel, on 12/6/16, Southwest Airlines Co (NYSE: LUV), Vishay Intertechnology, Inc. (NYSE: VSH), and Newmont Mining Corp (NYSE: NEM) will all trade ex-dividend for their respective upcoming dividends. Southwest Airlines Co will pay its quarterly dividend of $0.10 on 1/5/17, Vishay Intertechnology, Inc. will pay its quarterly dividend of $0.0625 on 12/22/16, and Newmont Mining Corp will pay its quarterly dividend of $0.05 on 12/29/16.
As a percentage of LUV's recent stock price of $48.02, this dividend works out to approximately 0.21%, so look for shares of Southwest Airlines Co to trade 0.21% lower — all else being equal — when LUV shares open for trading on 12/6/16. Similarly, investors should look for VSH to open 0.42% lower in price and for NEM to open 0.15% lower, all else being equal.
Below are dividend history charts for LUV, VSH, and NEM, showing historical dividends prior to the most recent ones declared.
Southwest Airlines Co (NYSE: LUV):
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 0.83% for Southwest Airlines Co, 1.68% for Vishay Intertechnology, Inc., and 0.62% for Newmont Mining Corp .
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Friday trading, Southwest Airlines Co shares are currently up about 2%, Vishay Intertechnology, Inc. shares are up about 0.7%, and Newmont Mining Corp shares are up about 0.1% on the day.
Check out Warren Buffet Stocks at Dividend Channel