Looking at the universe of stocks we cover at Dividend Channel, on 6/26/14, Lions Gate Entertainment Corp. (LGF), Penn West Petroleum Ltd (PWE), and Cameco Corp. (CCJ) will all trade ex-dividend for their respective upcoming dividends. Lions Gate Entertainment Corp. will pay its quarterly dividend of $0.05 on 8/8/14, Penn West Petroleum Ltd will pay its quarterly dividend of $0.14 on 7/15/14, and Cameco Corp. will pay its quarterly dividend of $0.10 on 7/15/14.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
As a percentage of LGF's recent stock price of $27.66, this dividend works out to approximately 0.18%, so look for shares of Lions Gate Entertainment Corp. to trade 0.18% lower — all else being equal — when LGF shares open for trading on 6/26/14. Similarly, investors should look for PWE to open 1.40% lower in price and for CCJ to open 0.51% lower, all else being equal.
Below are dividend history charts for LGF, PWE, and CCJ, showing historical dividends prior to the most recent ones declared.
Lions Gate Entertainment Corp. (LGF)
Penn West Petroleum Ltd (PWE)
Cameco Corp. (CCJ)
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 0.72% for Lions Gate Entertainment Corp., 5.58% for Penn West Petroleum Ltd, and 2.03% for Cameco Corp..