Apr 11 2014, 9:30am CDT | by Forbes
Looking at the universe of stocks we cover at Dividend Channel, on 4/15/14, Oxford Industries, Inc. (NYSE: OXM), Cracker Barrel Old Country Store, Inc. (NASD: CBRL), and Foot Locker, Inc. (NYSE: FL) will all trade ex-dividend for their respective upcoming dividends. Oxford Industries, Inc. will pay its quarterly dividend of $0.21 on 5/2/14, Cracker Barrel Old Country Store, Inc. will pay its quarterly dividend of $0.75 on 5/5/14, and Foot Locker, Inc. will pay its quarterly dividend of $0.22 on 5/2/14.
As a percentage of OXM’s recent stock price of $68.93, this dividend works out to approximately 0.30%, so look for shares of Oxford Industries, Inc. to trade 0.30% lower — all else being equal — when OXM shares open for trading on 4/15/14. Similarly, investors should look for CBRL to open 0.79% lower in price and for FL to open 0.50% lower, all else being equal.
Below are dividend history charts for OXM, CBRL, and FL, showing historical dividends prior to the most recent ones declared.
Oxford Industries, Inc. (NYSE: OXM):
Cracker Barrel Old Country Store, Inc. (NASD: CBRL):
Foot Locker, Inc. (NYSE: FL):
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 1.22% for Oxford Industries, Inc., 3.16% for Cracker Barrel Old Country Store, Inc., and 2.01% for Foot Locker, Inc..
In Friday trading, Oxford Industries, Inc. shares are currently down about 1.4%, Cracker Barrel Old Country Store, Inc. shares are down about 0.2%, and Foot Locker, Inc. shares are down about 2% on the day./>/>
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