Looking at the universe of stocks we cover at Dividend Channel, on 6/25/24, Arcos Dorados Holdings Inc (Symbol: ARCO), Vail Resorts Inc (Symbol: MTN), and STMicroelectronics NV (Symbol: STM) will all trade ex-dividend for their respective upcoming dividends. Arcos Dorados Holdings Inc will pay its quarterly dividend of $0.06 on 6/28/24, Vail Resorts Inc will pay its quarterly dividend of $2.22 on 7/10/24, and STMicroelectronics NV will pay its quarterly dividend of $0.09 on 7/2/24. As a percentage of ARCO's recent stock price of $9.00, this dividend works out to approximately 0.67%, so look for shares of Arcos Dorados Holdings Inc to trade 0.67% lower — all else being equal — when ARCO shares open for trading on 6/25/24. Similarly, investors should look for MTN to open 1.23% lower in price and for STM to open 0.22% lower, all else being equal.
Below are dividend history charts for ARCO, MTN, and STM, showing historical dividends prior to the most recent ones declared.
Arcos Dorados Holdings Inc (Symbol: ARCO):
Vail Resorts Inc (Symbol: MTN):
STMicroelectronics NV (Symbol: STM):
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 2.67% for Arcos Dorados Holdings Inc, 4.94% for Vail Resorts Inc, and 0.88% for STMicroelectronics NV.
In Friday trading, Arcos Dorados Holdings Inc shares are currently down about 2.3%, Vail Resorts Inc shares are up about 1.1%, and STMicroelectronics NV shares are down about 5.6% 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.
