Looking at the universe of stocks we cover at Dividend Channel, on 12/16/24, Federal Agricultural Mortgage Corp (Symbol: AGM), Prologis Inc (Symbol: PLD), and Stock Yards Bancorp Inc (Symbol: SYBT) will all trade ex-dividend for their respective upcoming dividends. Federal Agricultural Mortgage Corp will pay its quarterly dividend of $1.40 on 12/31/24, Prologis Inc will pay its quarterly dividend of $0.96 on 12/31/24, and Stock Yards Bancorp Inc will pay its quarterly dividend of $0.31 on 12/31/24. As a percentage of AGM's recent stock price of $216.45, this dividend works out to approximately 0.65%, so look for shares of Federal Agricultural Mortgage Corp to trade 0.65% lower — all else being equal — when AGM shares open for trading on 12/16/24. Similarly, investors should look for PLD to open 0.86% lower in price and for SYBT to open 0.40% lower, all else being equal.
Below are dividend history charts for AGM, PLD, and SYBT, showing historical dividends prior to the most recent ones declared.
Federal Agricultural Mortgage Corp (Symbol: AGM):
Prologis Inc (Symbol: PLD):
Stock Yards Bancorp Inc (Symbol: SYBT):
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 2.59% for Federal Agricultural Mortgage Corp, 3.43% for Prologis Inc, and 1.59% for Stock Yards Bancorp Inc.
In Thursday trading, Federal Agricultural Mortgage Corp shares are currently up about 2%, Prologis Inc shares are off about 1.1%, and Stock Yards Bancorp Inc shares are up about 0.8% 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.
