Looking at the universe of stocks we cover at Dividend Channel, on 2/26/14, Sinclair Broadcast Group, Inc. (SBGI), Finish Line, Inc. (FINL), and Scripps Networks Interactive Inc (SNI) will all trade ex-dividend for their respective upcoming dividends. Sinclair Broadcast Group, Inc. will pay its quarterly dividend of $0.15 on 3/14/14, Finish Line, Inc. will pay its quarterly dividend of $0.08 on 3/17/14, and Scripps Networks Interactive Inc will pay its quarterly dividend of $0.20 on 3/10/14.
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As a percentage of SBGI's recent stock price of $29.88, this dividend works out to approximately 0.50%, so look for shares of Sinclair Broadcast Group, Inc. to trade 0.50% lower — all else being equal — when SBGI shares open for trading on 2/26/14. Similarly, investors should look for FINL to open 0.32% lower in price and for SNI to open 0.25% lower, all else being equal.
Below are dividend history charts for SBGI, FINL, and SNI, showing historical dividends prior to the most recent ones declared.
Sinclair Broadcast Group, Inc. (SBGI)
Finish Line, Inc. (FINL)
Scripps Networks Interactive Inc (SNI)
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 2.01% for Sinclair Broadcast Group, Inc., 1.27% for Finish Line, Inc. , and 0.99% for Scripps Networks Interactive Inc.