Ex-Dividend Reminder: NetApp, Verizon Communications and American Tower

Apr 4 2014, 9:46am CDT | by

Looking at the universe of stocks we cover at Dividend Channel, on 4/8/14, NetApp, Inc. (NASD: NTAP), Verizon Communications Inc (NYSE: VZ), and American Tower Corp (NYSE: AMT) will all trade ex-dividend for their respective upcoming dividends. NetApp, Inc. will pay its quarterly dividend of $0.15 on 4/22/14, Verizon Communications Inc will pay its quarterly dividend of $0.53 on 5/1/14, and American Tower Corp will pay its quarterly dividend of $0.32 on 4/25/14.

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 NTAP’s recent stock price of $38.21, this dividend works out to approximately 0.39%, so look for shares of NetApp, Inc. to trade 0.39% lower — all else being equal — when NTAP shares open for trading on 4/8/14. Similarly, investors should look for VZ to open 1.10% lower in price and for AMT to open 0.39% lower, all else being equal.

Below are dividend history charts for NTAP, VZ, and AMT, showing historical dividends prior to the most recent ones declared.

NetApp, Inc. (NASD: NTAP):

Verizon Communications Inc (NYSE: VZ):

American Tower Corp (NYSE: AMT):

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 1.57% for NetApp, Inc., 4.40% for Verizon Communications Inc, and 1.58% for American Tower Corp .


Special Offer: Free Sample Issue to the Preferred Stock List Newsletter plus 20% OFF your subscription

In Friday trading, NetApp, Inc. shares are currently up about 1.8%, Verizon Communications Inc shares are up about 0.2%, and American Tower Corp shares are off about 0.1% on the day.

/>/>
 
 
 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Facebook M is a Hybrid Personal Digital Assistant inside Messenger
Facebook M is a Hybrid Personal Digital Assistant inside Messenger
M relies on artificial intelligence and human assistance.
 
 
iPhone Users get 30 Day Free Samsung Galaxy Trial
iPhone Users get 30 Day Free Samsung Galaxy Trial
Samsung tries everything to get new customers. Now iPhone user can test a new Galaxy smartphone 30 days for free.
 
 
Microsoft released 3rd Windows 10 Updates with KB 3081438
Microsoft released 3rd Windows 10 Updates with KB 3081438
Microsoft's release schedule for Windows 10 updates is fast paced. The company released three updates within 2 weeks.
 
 
New Skinny Jeans for Women Charges and Hides iPhone
New Skinny Jeans for Women Charges and Hides iPhone
Joe's Jeans offers a Jeans for female mobile warriors. Meet the Joe's Jeans #Hello.