Ex-Dividend Reminder: General Mills, Darden Restaurants and WGL Holdings

Apr 4 2014, 9:46am CDT | by

Looking at the universe of stocks we cover at Dividend Channel, on 4/8/14, General Mills, Inc. (NYSE: GIS), Darden Restaurants, Inc. (NYSE: DRI), and WGL Holdings, Inc. (NYSE: WGL) will all trade ex-dividend for their respective upcoming dividends. General Mills, Inc. will pay its quarterly dividend of $0.41 on 5/1/14, Darden Restaurants, Inc. will pay its quarterly dividend of $0.55 on 5/5/14, and WGL Holdings, Inc. will pay its quarterly dividend of $0.44 on 5/1/14.

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 GIS’s recent stock price of $51.82, this dividend works out to approximately 0.79%, so look for shares of General Mills, Inc. to trade 0.79% lower — all else being equal — when GIS shares open for trading on 4/8/14. Similarly, investors should look for DRI to open 1.05% lower in price and for WGL to open 1.10% lower, all else being equal.

Below are dividend history charts for GIS, DRI, and WGL, showing historical dividends prior to the most recent ones declared.

General Mills, Inc. (NYSE: GIS):

Darden Restaurants, Inc. (NYSE: DRI):

WGL Holdings, Inc. (NYSE: WGL):

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 3.16% for General Mills, Inc., 4.20% for Darden Restaurants, Inc., and 4.39% for WGL Holdings, Inc..


Special Offer: Establish a secure stream of income during your retirement years by following the Retiree Income Portfolio with this free 30 day trial

In Friday trading, General Mills, Inc. shares are currently off about 0.8%, Darden Restaurants, Inc. shares are up about 0.7%, and WGL Holdings, Inc. shares are up about 0.7% 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

Amazon Changes Self Publishing Forever - Again
Amazon Changes Self Publishing Forever - Again
The self publishing haven will only pay when books are read.
 
 
Uber says "NO!" to Guns for Passengers and Drivers
Uber says "NO!" to Guns for Passengers and Drivers
The recent increase in gun violence led to the change, the hitch-a-ride giant says.
 
 
More Sony Leaks: What Couldn't the New Spiderman Be?
More Sony Leaks: What Couldn't the New Spiderman Be?
Private emails that were released show that executives at Sony didn't want a black or gay Spiderman.
 
 
Gap to Close 175 Stores Soon
Gap to Close 175 Stores Soon
The retail giant is experiencing a multitude of problems.