|
Featured MNV Articles:
| Ex-Dividend Reminder: Darden Restaurants, The Gap and Cohen & Steers Tax-advantaged Preferred SecuritiesBy Dividend Channel Staff, Friday, April 5, 10:11 AM ET
On 4/9/24, Darden Restaurants, Inc. (NYSE:DRI), The Gap Inc (NYSE:GPS), and Cohen & Steers Tax-advantaged Preferred Securities (NYSE:PTA) will all trade ex-dividend for their respective upcoming dividends. Darden Restaurants, Inc. will pay its quarterly dividend of $1.31 on 5/1/24, The Gap Inc will pay its quarterly dividend of $0.15 on 5/1/24, and Cohen & Steers Tax-advantaged Preferred Securities will pay its monthly dividend of $0.134 on 4/30/24. As a percentage of DRI's recent stock price of $158.51, this dividend works out to approximately 0.83%, so look for shares of Darden Restaurants, Inc. to trade 0.83% lower — all else being equal — when DRI shares open for trading on 4/9/24. Similarly, investors should look for GPS to open 0.61% lower in price and for PTA to open 0.70% lower, all else being equal. Below are dividend history charts for DRI, GPS, and PTA, showing historical dividends prior to the most recent ones declared. Darden Restaurants, Inc. (NYSE:DRI): The Gap Inc (NYSE:GPS): Cohen & Steers Tax-advantaged Preferred Securities (NYSE:PTA): 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 3.31% for Darden Restaurants, Inc., 2.43% for The Gap Inc, and 8.38% for Cohen & Steers Tax-advantaged Preferred Securities. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter In Friday trading, Darden Restaurants, Inc. shares are currently down about 2.7%, The Gap Inc shares are off about 4.6%, and Cohen & Steers Tax-advantaged Preferred Securities shares are off about 0.8% on the day.
This Article's Word Cloud:
Arial
Cohen
Darden
NYSE
Preferred
Restaurants
Securities
Steers
about
advantaged
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
recent
rightBuffer
shares
showHighsLows
will
|