Looking at the universe of stocks we cover at Dividend Channel , on 3/15/18, ILG Inc (Symbol: ILG), Monro Inc (Symbol: MNRO), and El Paso Electric Company (Symbol: EE) will all trade ex-dividend for their respective upcoming dividends. ILG Inc will pay its quarterly dividend of $0.175 on 3/30/18, Monro Inc will pay its quarterly dividend of $0.18 on 3/26/18, and El Paso Electric Company will pay its quarterly dividend of $0.335 on 3/30/18. As a percentage of ILG’s recent stock price of $34.87, this dividend works out to approximately 0.50%, so look for shares of ILG Inc to trade 0.50% lower – all else being equal – when ILG shares open for trading on 3/15/18. Similarly, investors should look for MNRO to open 0.33% lower in price and for EE to open 0.68% lower, all else being equal.
Below are dividend history charts for ILG, MNRO, and EE, showing historical dividends prior to the most recent ones declared.
ILG Inc (Symbol: ILG) :
Monro Inc (Symbol: MNRO) :
El Paso Electric Company (Symbol: EE) :
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 2.01% for ILG Inc, 1.32% for Monro Inc, and 2.74% for El Paso Electric Company.
In Tuesday trading, ILG Inc shares are currently up about 0.9%, Monro Inc shares are up about 0.8%, and El Paso Electric Company shares are up about 0.6% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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