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Ex-Dividend Reminder: Lennar, OGE Energy and Bristol Myers Squibb

By Dividend Channel Staff, Wednesday, July 5, 10:20 AM ET
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On 7/6/23, Lennar Corp (NYSE:LEN), OGE Energy Corp (NYSE:OGE), and Bristol Myers Squibb Co. (NYSE:BMY) will all trade ex-dividend for their respective upcoming dividends. Lennar Corp will pay its quarterly dividend of $0.375 on 7/21/23, OGE Energy Corp will pay its quarterly dividend of $0.4141 on 7/28/23, and Bristol Myers Squibb Co. will pay its quarterly dividend of $0.57 on 8/1/23.

As a percentage of LEN's recent stock price of $125.53, this dividend works out to approximately 0.30%, so look for shares of Lennar Corp to trade 0.30% lower — all else being equal — when LEN shares open for trading on 7/6/23. Similarly, investors should look for OGE to open 1.15% lower in price and for BMY to open 0.89% lower, all else being equal.

Below are dividend history charts for LEN, OGE, and BMY, showing historical dividends prior to the most recent ones declared.

Lennar Corp (NYSE:LEN):

OGE Energy Corp (NYSE:OGE):

Bristol Myers Squibb Co. (NYSE:BMY):

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 1.19% for Lennar Corp, 4.59% for OGE Energy Corp, and 3.55% for Bristol Myers Squibb Co..


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In Wednesday trading, Lennar Corp shares are currently up about 0.2%, OGE Energy Corp shares are down about 0.4%, and Bristol Myers Squibb Co. shares are down about 0.3% on the day.


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