Looking at the universe of stocks we cover at Dividend Channel, on 2/26/14, Sun Life Financial Inc (SLF), Interactive Brokers Group Incorporated (IBKR), and San Juan Basin Royalty Trust (SJT) will all trade ex-dividend for their respective upcoming dividends. Sun Life Financial Inc will pay its quarterly dividend of $0.36 on 3/31/14, Interactive Brokers Group Incorporated will pay its quarterly dividend of $0.10 on 3/14/14, and San Juan Basin Royalty Trust will pay its monthly dividend of $0.0867 on 3/14/14.
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As a percentage of SLF's recent stock price of $36.19, this dividend works out to approximately 0.99%, so look for shares of Sun Life Financial Inc to trade 0.99% lower — all else being equal — when SLF shares open for trading on 2/26/14. Similarly, investors should look for IBKR to open 0.46% lower in price and for SJT to open 0.48% lower, all else being equal.
Below are dividend history charts for SLF, IBKR, and SJT, showing historical dividends prior to the most recent ones declared.
Sun Life Financial Inc (SLF)
Interactive Brokers Group Incorporated (IBKR)
San Juan Basin Royalty Trust (SJT)
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 3.98% for Sun Life Financial Inc, 1.83% for Interactive Brokers Group Incorporated, and 5.78% for San Juan Basin Royalty Trust.