News

Looking at the universe of stocks we cover at Dividend Channel, on 2/28/24, Cboe Global Markets Inc (Symbol: CBOE), Apple Hospitality REIT Inc (Symbol: APLE), and Ellington Financial Inc (Symbol: EFC) will all trade ex-dividend for their respective upcoming dividends. Cboe Global Markets Inc will pay its quarterly dividend of $0.55 on 3/15/24, Apple Hospitality REIT Inc will pay its monthly dividend of $0.08 on 3/15/24, and Ellington Financial Inc will pay its monthly dividend of $0.15 on 3/25/24. As a percentage of CBOE's recent stock price of $197.41, this dividend works out to approximately 0.28%, so look for shares of Cboe Global Markets Inc to trade 0.28% lower — all else being equal — when CBOE shares open for trading on 2/28/24. Similarly, investors should look for APLE to open 0.49% lower in price and for EFC to open 1.23% lower, all else being equal.

Below are dividend history charts for CBOE, APLE, and EFC, showing historical dividends prior to the most recent ones declared.

Cboe Global Markets Inc (Symbol: CBOE):

Apple Hospitality REIT Inc (Symbol: APLE):

Ellington Financial Inc (Symbol: EFC):

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 1.11% for Cboe Global Markets Inc, 5.91% for Apple Hospitality REIT Inc, and 14.80% for Ellington Financial Inc.

Free Report: Top 8%+ Dividends (paid monthly)

In Monday trading, Cboe Global Markets Inc shares are currently up about 1%, Apple Hospitality REIT Inc shares are off about 0.1%, and Ellington Financial Inc shares are up about 0.6% on the day.

Also see:

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