Looking at the universe of stocks we cover at Dividend Channel, on 5/31/23, Qualcomm Inc (Symbol: QCOM), Juniper Networks Inc (Symbol: JNPR), and Shutterstock Inc (Symbol: SSTK) will all trade ex-dividend for their respective upcoming dividends. Qualcomm Inc will pay its quarterly dividend of $0.80 on 6/22/23, Juniper Networks Inc will pay its quarterly dividend of $0.22 on 6/22/23, and Shutterstock Inc will pay its quarterly dividend of $0.27 on 6/15/23. As a percentage of QCOM's recent stock price of $116.10, this dividend works out to approximately 0.69%, so look for shares of Qualcomm Inc to trade 0.69% lower — all else being equal — when QCOM shares open for trading on 5/31/23. Similarly, investors should look for JNPR to open 0.72% lower in price and for SSTK to open 0.54% lower, all else being equal.
Below are dividend history charts for QCOM, JNPR, and SSTK, showing historical dividends prior to the most recent ones declared.
Qualcomm Inc (Symbol: QCOM):
Juniper Networks Inc (Symbol: JNPR):
Shutterstock Inc (Symbol: SSTK):
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 2.76% for Qualcomm Inc, 2.87% for Juniper Networks Inc, and 2.15% for Shutterstock Inc.
In Tuesday trading, Qualcomm Inc shares are currently up about 5.2%, Juniper Networks Inc shares are up about 0.5%, and Shutterstock Inc shares are up about 0.9% on the day.
Also see:
CGIX Price Target EQT MACD
RETO market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
