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Looking at the universe of stocks we cover at Dividend Channel, on 1/11/24, American Financial Group Inc (Symbol: AFG), BankUnited Inc. (Symbol: BKU), and Mid-America Apartment Communities Inc (Symbol: MAA) will all trade ex-dividend for their respective upcoming dividends. American Financial Group Inc will pay its quarterly dividend of $0.71 on 1/25/24, BankUnited Inc. will pay its quarterly dividend of $0.27 on 1/31/24, and Mid-America Apartment Communities Inc will pay its quarterly dividend of $1.47 on 1/31/24. As a percentage of AFG's recent stock price of $120.31, this dividend works out to approximately 0.59%, so look for shares of American Financial Group Inc to trade 0.59% lower — all else being equal — when AFG shares open for trading on 1/11/24. Similarly, investors should look for BKU to open 0.85% lower in price and for MAA to open 1.10% lower, all else being equal.

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

American Financial Group Inc (Symbol: AFG):

BankUnited Inc. (Symbol: BKU):

Mid-America Apartment Communities Inc (Symbol: MAA):

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 2.36% for American Financial Group Inc, 3.40% for BankUnited Inc., and 4.40% for Mid-America Apartment Communities Inc.

In Tuesday trading, American Financial Group Inc shares are currently off about 0.7%, BankUnited Inc. shares are up about 1.8%, and Mid-America Apartment Communities Inc shares are up about 1.3% 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.