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| Ex-Dividend Reminder: Lamar Advertising, Stock Yards Bancorp and PrologisBy Dividend Channel Staff, Wednesday, September 13, 10:19 AM ET
On 9/15/23, Lamar Advertising Co (NASDAQ:LAMR), Stock Yards Bancorp Inc (NASDAQ:SYBT), and Prologis Inc (NYSE:PLD) will all trade ex-dividend for their respective upcoming dividends. Lamar Advertising Co will pay its quarterly dividend of $1.25 on 9/29/23, Stock Yards Bancorp Inc will pay its quarterly dividend of $0.30 on 10/2/23, and Prologis Inc will pay its quarterly dividend of $0.87 on 9/29/23. As a percentage of LAMR's recent stock price of $87.12, this dividend works out to approximately 1.43%, so look for shares of Lamar Advertising Co to trade 1.43% lower — all else being equal — when LAMR shares open for trading on 9/15/23. Similarly, investors should look for SYBT to open 0.70% lower in price and for PLD to open 0.71% lower, all else being equal. Below are dividend history charts for LAMR, SYBT, and PLD, showing historical dividends prior to the most recent ones declared. Lamar Advertising Co (NASDAQ:LAMR): Stock Yards Bancorp Inc (NASDAQ:SYBT): Prologis Inc (NYSE:PLD): 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 5.74% for Lamar Advertising Co, 2.81% for Stock Yards Bancorp Inc, and 2.85% for Prologis Inc. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation. In Wednesday trading, Lamar Advertising Co shares are currently up about 0.4%, Stock Yards Bancorp Inc shares are up about 0.3%, and Prologis Inc shares are up about 0.1% on the day.
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