Looking at the universe of stocks we cover at Dividend Channel, on 10/13/17, ConnectOne Bancorp Inc (CNOB - Get Report), BankUnited Inc. (BKU), and ARMOUR Residential REIT Inc. (ARR) will all trade ex-dividend for their respective upcoming dividends. ConnectOne Bancorp Inc will pay its quarterly dividend of $0.075 on 11/1/17, BankUnited Inc. will pay its quarterly dividend of $0.21 on 10/31/17, and ARMOUR Residential REIT Inc. will pay its monthly dividend of $0.19 on 10/27/17.

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As a percentage of CNOB's recent stock price of $25.25, this dividend works out to approximately 0.30%, so look for shares of ConnectOne Bancorp Inc to trade 0.30% lower — all else being equal — when CNOB shares open for trading on 10/13/17. Similarly, investors should look for BKU to open 0.61% lower in price and for ARR to open 0.71% lower, all else being equal.

Below are dividend history charts for CNOB, BKU, and ARR, showing historical dividends prior to the most recent ones declared.

ConnectOne Bancorp Inc (CNOB - Get Report):


BankUnited Inc. (BKU):


ARMOUR Residential REIT Inc. (ARR):


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 1.19% for ConnectOne Bancorp Inc , 2.42% for BankUnited Inc., and 8.47% for ARMOUR Residential REIT Inc..

In Wednesday trading, ConnectOne Bancorp Inc shares are currently down about 0.6%, BankUnited Inc. shares are off about 0.9%, and ARMOUR Residential REIT Inc. shares are trading flat on the day.