|
Featured MNV Articles:
| Ex-Dividend Reminder: Restaurant Brands International, Altria Group and Philip Morris InternationalBy Dividend Channel Staff, Monday, December 18, 10:06 AM ET
On 12/20/23, Restaurant Brands International Inc (NYSE:QSR), Altria Group Inc (NYSE:MO), and Philip Morris International Inc (NYSE:PM) will all trade ex-dividend for their respective upcoming dividends. Restaurant Brands International Inc will pay its quarterly dividend of $0.55 on 1/4/24, Altria Group Inc will pay its quarterly dividend of $0.98 on 1/10/24, and Philip Morris International Inc will pay its quarterly dividend of $1.30 on 1/10/24. As a percentage of QSR's recent stock price of $73.71, this dividend works out to approximately 0.75%, so look for shares of Restaurant Brands International Inc to trade 0.75% lower — all else being equal — when QSR shares open for trading on 12/20/23. Similarly, investors should look for MO to open 2.35% lower in price and for PM to open 1.38% lower, all else being equal. When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. Altria Group Inc (NYSE:MO) is a "future dividend aristocrats contender," with 15+ years of increases. Below are dividend history charts for QSR, MO, and PM, showing historical dividends prior to the most recent ones declared. Restaurant Brands International Inc (NYSE:QSR): Altria Group Inc (NYSE:MO): Philip Morris International Inc (NYSE:PM): 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 2.98% for Restaurant Brands International Inc, 9.39% for Altria Group Inc, and 5.50% for Philip Morris International Inc. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation. In Monday trading, Restaurant Brands International Inc shares are currently down about 0.6%, Altria Group Inc shares are off about 0.8%, and Philip Morris International Inc shares are down about 0.2% on the day.
This Article's Word Cloud:
Altria
Arial
Brands
Group
International
Morris
NYSE
Philip
Restaurant
about
afterLeftLabels
axisColor
background
beforeLeftLabels
bkgImage
bottomBuffer
bottomLabels
bottomTableHeight
chartBackgroundColor
clientId
dividend
dividends
document
escape
fillBelowLine
fillColor
fontFace
fontSize
gridBackgroundColor
gridColor
gridLocation
height
labelColor
labelSide
left
leftBuffer
leftLabelsEvery
lineColors
lineThicknesses
lower
movingAverageColors
movingAverages
open
period
prevCloseColor
quarterly
recent
rightBuffer
shares
will
|