Looking at the universe of stocks we cover at Dividend Channel, on 7/29/15, Chambers Street Properties (NYSE: CSG), Bank of Montreal (NYSE: BMO), and Education Realty Trust Inc (NYSE: EDR) will all trade ex-dividend for their respective upcoming dividends. Chambers Street Properties will pay its monthly dividend of $0.0425 on 8/10/15, Bank of Montreal will pay its quarterly dividend of $0.82 on 8/26/15, and Education Realty Trust Inc will pay its quarterly dividend of $0.37 on 8/14/15.
As a percentage of CSG's recent stock price of $7.40, this dividend works out to approximately 0.57%, so look for shares of Chambers Street Properties to trade 0.57% lower — all else being equal — when CSG shares open for trading on 7/29/15. Similarly, investors should look for BMO to open 1.47% lower in price and for EDR to open 1.13% lower, all else being equal.
Below are dividend history charts for CSG, BMO, and EDR, showing historical dividends prior to the most recent ones declared.
Chambers Street Properties (NYSE: CSG):
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 6.89% for Chambers Street Properties, 5.90% for Bank of Montreal, and 4.52% for Education Realty Trust Inc. In general, most investors consider any yield over 7% to be high yield stocks.
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In Monday trading, Chambers Street Properties shares are currently up about 0.8%, Bank of Montreal shares are down about 0.5%, and Education Realty Trust Inc shares are trading flat on the day.
