Looking at the universe of stocks we cover at Dividend Channel, on 12/23/24, Johnson Controls International plc (Symbol: JCI), Arcos Dorados Holdings Inc (Symbol: ARCO), and Redwood Trust Inc (Symbol: RWT) will all trade ex-dividend for their respective upcoming dividends. Johnson Controls International plc will pay its quarterly dividend of $0.37 on 1/17/25, Arcos Dorados Holdings Inc will pay its quarterly dividend of $0.06 on 12/27/24, and Redwood Trust Inc will pay its quarterly dividend of $0.18 on 12/30/24. As a percentage of JCI's recent stock price of $78.82, this dividend works out to approximately 0.47%, so look for shares of Johnson Controls International plc to trade 0.47% lower — all else being equal — when JCI shares open for trading on 12/23/24. Similarly, investors should look for ARCO to open 0.83% lower in price and for RWT to open 2.69% lower, all else being equal.
Below are dividend history charts for JCI, ARCO, and RWT, showing historical dividends prior to the most recent ones declared.
Johnson Controls International plc (Symbol: JCI):
Arcos Dorados Holdings Inc (Symbol: ARCO):
Redwood Trust Inc (Symbol: RWT):
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 1.88% for Johnson Controls International plc, 3.32% for Arcos Dorados Holdings Inc, and 10.75% for Redwood Trust Inc.
In Thursday trading, Johnson Controls International plc shares are currently down about 3.7%, Arcos Dorados Holdings Inc shares are off about 7.2%, and Redwood Trust Inc shares are off about 3.9% 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.