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

$75,000 Apple Watch revealed
$75,000 Apple Watch revealed
When Apple's designs are not exclusive enough then there are 3rd parties who add gold and diamonds to the iGadget to make them precious. Brikk announced the Lux Watch, a diamond studded version of the Apple Watch.
Sony will not Sell Off TV And Mobile Spinoffs
Sony will not Sell Off TV And Mobile Spinoffs
Sony President Kazuo Hirai clarified on Wednesday that the company will not immediately sell off the spun out TV and mobile phone business.
Apple Watch gets 12-page Vogue Magazine Ad
Apple Watch gets 12-page Vogue Magazine Ad
The March issue of Vogue Magazine packs 12 pages of Apple Watch ads.
Wearables that go beyond the Apple Watch
Wearables that go beyond the Apple Watch
Apple Watch is going to open a new chapter in wearables, but where is the future?