Looking at the universe of stocks we cover at Dividend Channel, on 3/5/14, Coach, Inc. (NYSE: COH), Coca-Cola Enterprises Inc (NYSE: CCE), and Columbia Sportswear Co. (NASD: COLM) will all trade ex-dividend for their respective upcoming dividends. Coach, Inc. will pay its quarterly dividend of $0.3375 on 3/31/14, Coca-Cola Enterprises Inc will pay its quarterly dividend of $0.25 on 3/20/14, and Columbia Sportswear Co. will pay its quarterly dividend of $0.28 on 3/18/14.
As a percentage of COH’s recent stock price of $48.50, this dividend works out to approximately 0.70%, so look for shares of Coach, Inc. to trade 0.70% lower — all else being equal — when COH shares open for trading on 3/5/14. Similarly, investors should look for CCE to open 0.53% lower in price and for COLM to open 0.34% lower, all else being equal.
Below are dividend history charts for COH, CCE, and COLM, showing historical dividends prior to the most recent ones declared.
Coach, Inc. (NYSE: COH):
Coca-Cola Enterprises Inc (NYSE: CCE):
Columbia Sportswear Co. (NASD: COLM):
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 2.78% for Coach, Inc., 2.14% for Coca-Cola Enterprises Inc, and 1.36% for Columbia Sportswear Co..
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In Monday trading, Coach, Inc. shares are currently down about 0.6%, Coca-Cola Enterprises Inc shares are off about 0.7%, and Columbia Sportswear Co. shares are off about 1% on the day.
Source: Forbes Business