Looking at the universe of stocks we cover at Dividend Channel, on 2/25/15, Molson Coors Brewing Co. (NYSE: TAP), Whirlpool Corp (NYSE: WHR), and Meredith Corp. (NYSE: MDP) will all trade ex-dividend for their respective upcoming dividends. Molson Coors Brewing Co. will pay its quarterly dividend of $0.41 on 3/16/15, Whirlpool Corp will pay its quarterly dividend of $0.75 on 3/15/15, and Meredith Corp. will pay its quarterly dividend of $0.4575 on 3/13/15.
As a percentage of TAP's recent stock price of $77.10, this dividend works out to approximately 0.53%, so look for shares of Molson Coors Brewing Co. to trade 0.53% lower — all else being equal — when TAP shares open for trading on 2/25/15. Similarly, investors should look for WHR to open 0.35% lower in price and for MDP to open 0.84% lower, all else being equal.
Below are dividend history charts for TAP, WHR, and MDP, showing historical dividends prior to the most recent ones declared.
Molson Coors Brewing Co. (NYSE: TAP):
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 2.13% for Molson Coors Brewing Co., 1.40% for Whirlpool Corp, and 3.34% for Meredith Corp..
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In Monday trading, Molson Coors Brewing Co. shares are currently up about 0.6%, Whirlpool Corp shares are up about 0.2%, and Meredith Corp. shares are off about 0.4% on the day.
