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| Ex-Dividend Reminder: Mid-America Apartment Communities, TD SYNNEX and Science Applications InternationalBy Dividend Channel Staff, Tuesday, October 10, 10:03 AM ET
On 10/12/23, Mid-America Apartment Communities Inc (NYSE:MAA), TD SYNNEX Corp (NYSE:SNX), and Science Applications International Corp (NASDAQ:SAIC) will all trade ex-dividend for their respective upcoming dividends. Mid-America Apartment Communities Inc will pay its quarterly dividend of $1.40 on 10/31/23, TD SYNNEX Corp will pay its quarterly dividend of $0.35 on 10/27/23, and Science Applications International Corp will pay its quarterly dividend of $0.37 on 10/27/23. As a percentage of MAA's recent stock price of $133.90, this dividend works out to approximately 1.05%, so look for shares of Mid-America Apartment Communities Inc to trade 1.05% lower — all else being equal — when MAA shares open for trading on 10/12/23. Similarly, investors should look for SNX to open 0.35% lower in price and for SAIC to open 0.33% lower, all else being equal. Below are dividend history charts for MAA, SNX, and SAIC, showing historical dividends prior to the most recent ones declared. Mid-America Apartment Communities Inc (NYSE:MAA): TD SYNNEX Corp (NYSE:SNX): Science Applications International Corp (NASDAQ:SAIC): 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 4.18% for Mid-America Apartment Communities Inc, 1.41% for TD SYNNEX Corp, and 1.33% for Science Applications International Corp. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation. In Tuesday trading, Mid-America Apartment Communities Inc shares are currently up about 0.3%, TD SYNNEX Corp shares are up about 0.3%, and Science Applications International Corp shares are up about 0.2% on the day.
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