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Ex-Dividend Reminder: American Eagle Outfitters, Foot Locker and AbbVie

By Dividend Channel Staff, Tuesday, October 10, 10:07 AM ET
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On 10/12/23, American Eagle Outfitters, Inc. (NYSE:AEO), Foot Locker, Inc. (NYSE:FL), and AbbVie Inc (NYSE:ABBV) will all trade ex-dividend for their respective upcoming dividends. American Eagle Outfitters, Inc. will pay its quarterly dividend of $0.10 on 10/27/23, Foot Locker, Inc. will pay its quarterly dividend of $0.40 on 10/27/23, and AbbVie Inc will pay its quarterly dividend of $1.48 on 11/15/23.

As a percentage of AEO's recent stock price of $16.78, this dividend works out to approximately 0.60%, so look for shares of American Eagle Outfitters, Inc. to trade 0.60% lower — all else being equal — when AEO shares open for trading on 10/12/23. Similarly, investors should look for FL to open 1.93% lower in price and for ABBV to open 0.99% lower, all else being equal.

Below are dividend history charts for AEO, FL, and ABBV, showing historical dividends prior to the most recent ones declared.

American Eagle Outfitters, Inc. (NYSE:AEO):

Foot Locker, Inc. (NYSE:FL):

AbbVie Inc (NYSE:ABBV):

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 2.38% for American Eagle Outfitters, Inc., 7.71% for Foot Locker, Inc., and 3.97% for AbbVie Inc.


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In Tuesday trading, American Eagle Outfitters, Inc. shares are currently up about 0.5%, Foot Locker, Inc. shares are up about 0.1%, and AbbVie Inc shares are up about 0.1% on the day.


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