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Looking at the universe of stocks we cover at Dividend Channel, on 1/11/24, Ingles Markets Inc (Symbol: IMKTA), Advance Auto Parts Inc (Symbol: AAP), and Abbott Laboratories (Symbol: ABT) will all trade ex-dividend for their respective upcoming dividends. Ingles Markets Inc will pay its quarterly dividend of $0.165 on 1/19/24, Advance Auto Parts Inc will pay its quarterly dividend of $0.25 on 1/26/24, and Abbott Laboratories will pay its quarterly dividend of $0.55 on 2/15/24. As a percentage of IMKTA's recent stock price of $87.53, this dividend works out to approximately 0.19%, so look for shares of Ingles Markets Inc to trade 0.19% lower — all else being equal — when IMKTA shares open for trading on 1/11/24. Similarly, investors should look for AAP to open 0.40% lower in price and for ABT to open 0.49% lower, all else being equal.

Below are dividend history charts for IMKTA, AAP, and ABT, showing historical dividends prior to the most recent ones declared.

Ingles Markets Inc (Symbol: IMKTA):

Advance Auto Parts Inc (Symbol: AAP):

Abbott Laboratories (Symbol: ABT):

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 0.75% for Ingles Markets Inc, 1.62% for Advance Auto Parts Inc, and 1.96% for Abbott Laboratories.

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In Tuesday trading, Ingles Markets Inc shares are currently off about 0.8%, Advance Auto Parts Inc shares are up about 0.6%, and Abbott Laboratories shares are up about 1.4% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.