Looking at the universe of stocks we cover at Dividend Channel, on 4/8/14, Aetna Inc. (NYSE: AET), AT&T Inc (NYSE: T), and Intuit Inc (NASD: INTU) will all trade ex-dividend for their respective upcoming dividends. Aetna Inc. will pay its quarterly dividend of $0.225 on 4/25/14, AT&T Inc will pay its quarterly dividend of $0.46 on 5/1/14, and Intuit Inc will pay its quarterly dividend of $0.19 on 4/18/14.
As a percentage of AET’s recent stock price of $75.55, this dividend works out to approximately 0.30%, so look for shares of Aetna Inc. to trade 0.30% lower — all else being equal — when AET shares open for trading on 4/8/14. Similarly, investors should look for T to open 1.29% lower in price and for INTU to open 0.24% lower, all else being equal.
Below are dividend history charts for AET, T, and INTU, showing historical dividends prior to the most recent ones declared.
Aetna Inc. (NYSE: AET):
AT&T Inc (NYSE: T):
Intuit Inc (NASD: INTU):
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 1.19% for Aetna Inc., 5.14% for AT&T Inc, and 0.96% for Intuit Inc.
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In Friday trading, Aetna Inc. shares are currently up about 0.7%, AT&T Inc shares are up about 0.4%, and Intuit Inc shares are up about 0.8% on the day.