Ex-Dividend Reminder: Speedway Motorsports, Nexstar Broadcasting Group And AGL Resources

Looking at the universe of stocks we cover at Dividend Channel, on 5/13/15, Speedway Motorsports, Inc. ( TRK), Nexstar Broadcasting Group Inc ( NXST), and AGL Resources Inc. ( GAS) will all trade ex-dividend for their respective upcoming dividends. Speedway Motorsports, Inc. will pay its quarterly dividend of $0.15 on 6/5/15, Nexstar Broadcasting Group Inc will pay its quarterly dividend of $0.19 on 5/29/15, and AGL Resources Inc. will pay its quarterly dividend of $0.51 on 6/1/15.

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As a percentage of TRK's recent stock price of $21.84, this dividend works out to approximately 0.69%, so look for shares of Speedway Motorsports, Inc. to trade 0.69% lower — all else being equal — when TRK shares open for trading on 5/13/15. Similarly, investors should look for NXST to open 0.34% lower in price and for GAS to open 1.03% lower, all else being equal.

Below are dividend history charts for TRK, NXST, and GAS, showing historical dividends prior to the most recent ones declared.

Speedway Motorsports, Inc. (TRK):


Nexstar Broadcasting Group Inc (NXST):


AGL Resources Inc. (GAS):


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 2.75% for Speedway Motorsports, Inc., 1.34% for Nexstar Broadcasting Group Inc, and 4.12% for AGL Resources Inc..

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