BETA
This is a BETA experience. You may opt-out by clicking here

More From Forbes

Edit Story

Ex-Dividend Reminder: Cardinal Health, Realty Income and Liberty Property Trust

Following
This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 9/29/14, Cardinal Health , Inc. (NYSE: CAH), Realty Income Corp. (NYSE: O), and Liberty Property Trust (NYSE: LPT) will all trade ex-dividend for their respective upcoming dividends. Cardinal Health, Inc. will pay its quarterly dividend of $0.3425 on 10/15/14, Realty Income Corp. will pay its monthly dividend of $0.1831 on 10/15/14, and Liberty Property Trust will pay its quarterly dividend of $0.475 on 10/15/14.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen, at DividendChannel.com »

As a percentage of CAH's recent stock price of $77.16, this dividend works out to approximately 0.44%, so look for shares of Cardinal Health, Inc. to trade 0.44% lower — all else being equal — when CAH shares open for trading on 9/29/14. Similarly, investors should look for O to open 0.45% lower in price and for LPT to open 1.40% lower, all else being equal.

Below are dividend history charts for CAH, O, and LPT, showing historical dividends prior to the most recent ones declared.

Cardinal Health, Inc. (NYSE: CAH):

Realty Income Corp. (NYSE: O):

Liberty Property Trust (NYSE: LPT):

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 1.78% for Cardinal Health, Inc., 5.37% for Realty Income Corp., and 5.61% for Liberty Property Trust.


Special Offer: Find out what Dave Moenning is holding in the Top 5 Portfolio with a free 30 day trial and a 20% off coupon from Forbes.


In Thursday trading, Cardinal Health, Inc. shares are currently off about 0.6%, Realty Income Corp. shares are trading flat, and Liberty Property Trust shares are down about 0.2% on the day.