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03 April
Ex-Dividend Reminder: Quest Diagnostics, Chimera Investment and Sylvamo

Looking at the universe of stocks we cover at Dividend Channel, on 4/5/24, Quest Diagnostics, Inc. (Symbol: DGX), Chimera Investment Corp (Symbol: CIM), and Sylvamo Corp (Symbol: SLVM) will all trade ex-dividend for their respective upcoming dividends. Quest Diagnostics, Inc. will pay its quarterly dividend of $0.75 on 4/22/24, Chimera Investment Corp will pay its quarterly dividend of $0.11 on 4/30/24, and Sylvamo Corp will pay its quarterly dividend of $0.30 on 4/29/24. As a percentage of DGX's recent stock price of $132.29, this dividend works out to approximately 0.57%, so look for shares of Quest Diagnostics, Inc. to trade 0.57% lower — all else being equal — when DGX shares open for trading on 4/5/24. Similarly, investors should look for CIM to open 2.47% lower in price and for SLVM to open 0.48% lower, all else being equal.

Below are dividend history charts for DGX, CIM, and SLVM, showing historical dividends prior to the most recent ones declared.

Quest Diagnostics, Inc. (Symbol: DGX):

DGX+Dividend+History+Chart

Chimera Investment Corp (Symbol: CIM):

CIM+Dividend+History+Chart

Sylvamo Corp (Symbol: SLVM):

SLVM+Dividend+History+Chart

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 2.27% for Quest Diagnostics, Inc., 9.87% for Chimera Investment Corp, and 1.93% for Sylvamo Corp.

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

In Wednesday trading, Quest Diagnostics, Inc. shares are currently down about 1.8%, Chimera Investment Corp shares are off about 1.8%, and Sylvamo Corp shares are up about 0.7% 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.