Looking at the universe of stocks we cover at Dividend Channel, on 4/30/20, Realty Income Corp (Symbol: O), Aon plc (Symbol: AON), and Ally Financial Inc (Symbol: ALLY) will all trade ex-dividend for their respective upcoming dividends. Realty Income Corp will pay its monthly dividend of $0.233 on 5/15/20, Aon plc will pay its Special dividend of $0.44 on 5/15/20, and Ally Financial Inc will pay its quarterly dividend of $0.19 on 5/15/20. As a percentage of O's recent stock price of $54.23, this dividend works out to approximately 0.43%, so look for shares of Realty Income Corp to trade 0.43% lower — all else being equal — when O shares open for trading on 4/30/20. Similarly, investors should look for AON to open 0.25% lower in price and for ALLY to open 1.17% lower, all else being equal.
Below are dividend history charts for O, AON, and ALLY, showing historical dividends prior to the most recent ones declared.
Realty Income Corp (Symbol: O):
Aon plc (Symbol: AON):
Ally Financial Inc (Symbol: ALLY):
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 5.16% for Realty Income Corp, 0.25% for Aon plc , and 4.66% for Ally Financial Inc.
In Tuesday trading, Realty Income Corp shares are currently up about 5.7%, Aon plc shares are up about 0.7%, and Ally Financial Inc shares are up about 7.2% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
