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08 May
Ex-Dividend Reminder: Alexander's, Cohen & Steers and Apple

Looking at the universe of stocks we cover at Dividend Channel, on 5/10/24, Alexander's Inc (Symbol: ALX), Cohen & Steers Inc (Symbol: CNS), and Apple Inc (Symbol: AAPL) will all trade ex-dividend for their respective upcoming dividends. Alexander's Inc will pay its quarterly dividend of $4.50 on 5/31/24, Cohen & Steers Inc will pay its quarterly dividend of $0.59 on 5/23/24, and Apple Inc will pay its quarterly dividend of $0.25 on 5/16/24. As a percentage of ALX's recent stock price of $226.60, this dividend works out to approximately 1.99%, so look for shares of Alexander's Inc to trade 1.99% lower — all else being equal — when ALX shares open for trading on 5/10/24. Similarly, investors should look for CNS to open 0.83% lower in price and for AAPL to open 0.14% lower, all else being equal.

Below are dividend history charts for ALX, CNS, and AAPL, showing historical dividends prior to the most recent ones declared.

Alexander's Inc (Symbol: ALX):

ALX+Dividend+History+Chart

Cohen & Steers Inc (Symbol: CNS):

CNS+Dividend+History+Chart

Apple Inc (Symbol: AAPL):

AAPL+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 7.94% for Alexander's Inc, 3.32% for Cohen & Steers Inc, and 0.55% for Apple Inc.

In Wednesday trading, Alexander's Inc shares are currently off about 1.7%, Cohen & Steers Inc shares are down about 1.4%, and Apple Inc shares are up about 0.4% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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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.