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Ex-Dividend Reminder: Welltower, Dolby Laboratories and PC Connection

By Dividend Channel Staff, Thursday, May 11, 10:36 AM ET
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On 5/15/23, Welltower Inc (NYSE:WELL), Dolby Laboratories Inc (NYSE:DLB), and PC Connection, Inc. (NASDAQ:CNXN) will all trade ex-dividend for their respective upcoming dividends. Welltower Inc will pay its quarterly dividend of $0.61 on 5/23/23, Dolby Laboratories Inc will pay its quarterly dividend of $0.27 on 5/23/23, and PC Connection, Inc. will pay its quarterly dividend of $0.08 on 6/2/23.

As a percentage of WELL's recent stock price of $78.56, this dividend works out to approximately 0.78%, so look for shares of Welltower Inc to trade 0.78% lower — all else being equal — when WELL shares open for trading on 5/15/23. Similarly, investors should look for DLB to open 0.32% lower in price and for CNXN to open 0.20% lower, all else being equal.

Below are dividend history charts for WELL, DLB, and CNXN, showing historical dividends prior to the most recent ones declared.

Welltower Inc (NYSE:WELL):

Dolby Laboratories Inc (NYSE:DLB):

PC Connection, Inc. (NASDAQ:CNXN):

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 3.11% for Welltower Inc, 1.26% for Dolby Laboratories Inc, and 0.79% for PC Connection, Inc..


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In Thursday trading, Welltower Inc shares are currently down about 1%, Dolby Laboratories Inc shares are up about 0.1%, and PC Connection, Inc. shares are down about 0.4% on the day.


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