Apr 4 2014, 9:46am CDT | by Forbes
Looking at the universe of stocks we cover at Dividend Channel, on 4/8/14, OGE Energy Corp. (NYSE: OGE), Lincoln National Corp. (NYSE: LNC), and Marsh & McLennan Companies Inc. (NYSE: MMC) will all trade ex-dividend for their respective upcoming dividends. OGE Energy Corp. will pay its quarterly dividend of $0.225 on 4/30/14, Lincoln National Corp. will pay its quarterly dividend of $0.16 on 5/1/14, and Marsh & McLennan Companies Inc. will pay its quarterly dividend of $0.25 on 5/15/14.
As a percentage of OGE’s recent stock price of $36.59, this dividend works out to approximately 0.61%, so look for shares of OGE Energy Corp. to trade 0.61% lower — all else being equal — when OGE shares open for trading on 4/8/14. Similarly, investors should look for LNC to open 0.31% lower in price and for MMC to open 0.50% lower, all else being equal.
Below are dividend history charts for OGE, LNC, and MMC, showing historical dividends prior to the most recent ones declared.
OGE Energy Corp. (NYSE: OGE):
Lincoln National Corp. (NYSE: LNC):
Marsh & McLennan Companies Inc. (NYSE: MMC):
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 2.46% for OGE Energy Corp., 1.23% for Lincoln National Corp., and 2.00% for Marsh & McLennan Companies Inc..
In Friday trading, OGE Energy Corp. shares are currently up about 0.4%, Lincoln National Corp. shares are up about 0.7%, and Marsh & McLennan Companies Inc. shares are up about 0.3% on the day./>/>
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