Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 9/28/16, KapStone Paper & Packaging Corp (Symbol: KS), Cameco Corp. (Symbol: CCJ), and Royal Gold Inc (Symbol: RGLD) will all trade ex-dividend for their respective upcoming dividends. KapStone Paper & Packaging Corp will pay its quarterly dividend of $0.10 on 10/13/16, Cameco Corp. will pay its quarterly dividend of $0.10 on 10/14/16, and Royal Gold Inc will pay its quarterly dividend of $0.23 on 10/14/16. As a percentage of KS's recent stock price of $19.74, this dividend works out to approximately 0.51%, so look for shares of KapStone Paper & Packaging Corp to trade 0.51% lower - all else being equal - when KS shares open for trading on 9/28/16. Similarly, investors should look for CCJ to open 1.13% lower in price and for RGLD to open 0.28% lower, all else being equal.
Below are dividend history charts for KS, CCJ, and RGLD, showing historical dividends prior to the most recent ones declared.
KapStone Paper & Packaging Corp (Symbol: KS) :
Cameco Corp. (Symbol: CCJ) :
Royal Gold Inc (Symbol: RGLD) :
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 2.03% for KapStone Paper & Packaging Corp, 4.54% for Cameco Corp., and 1.11% for Royal Gold Inc.
In Monday trading, KapStone Paper & Packaging Corp shares are currently off about 0.6%, Cameco Corp. shares are down about 0.2%, and Royal Gold Inc shares are up about 1.6% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
