Ex-Dividend Reminder: Chimera Investment, Atlantic Tele-Network And MercadoLibre

Looking at the universe of stocks we cover at Dividend Channel, on 9/26/14, Chimera Investment Corporation (CIM), Atlantic Tele-Network, Inc. (ATNI), and MercadoLibre Inc (MELI) will all trade ex-dividend for their respective upcoming dividends. Chimera Investment Corporation will pay its quarterly dividend of $0.09 on 10/29/14, Atlantic Tele-Network, Inc. will pay its quarterly dividend of $0.29 on 10/10/14, and MercadoLibre Inc will pay its quarterly dividend of $0.166 on 10/15/14.

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As a percentage of CIM's recent stock price of $3.20, this dividend works out to approximately 2.81%, so look for shares of Chimera Investment Corporation to trade 2.81% lower — all else being equal — when CIM shares open for trading on 9/26/14. Similarly, investors should look for ATNI to open 0.52% lower in price and for MELI to open 0.15% lower, all else being equal.

Below are dividend history charts for CIM, ATNI, and MELI, showing historical dividends prior to the most recent ones declared.

Chimera Investment Corporation (CIM):

CIM+Dividend+History+Chart

Atlantic Tele-Network, Inc. (ATNI):

ATNI+Dividend+History+Chart

MercadoLibre Inc (MELI):

MELI+Dividend+History+Chart

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 11.25% for Chimera Investment Corporation, 2.08% for Atlantic Tele-Network, Inc., and 0.59% for MercadoLibre Inc.

In Wednesday trading, Chimera Investment Corporation shares are currently up about 0.3%, Atlantic Tele-Network, Inc. shares are up about 0.4%, and MercadoLibre Inc shares are up about 0.9% on the day.

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