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Looking at the universe of stocks we cover at Dividend Channel, on 6/3/24, Group 1 Automotive, Inc. (Symbol: GPI), McDonald's Corp (Symbol: MCD), and Wendy's Co (Symbol: WEN) will all trade ex-dividend for their respective upcoming dividends. Group 1 Automotive, Inc. will pay its quarterly dividend of $0.47 on 6/17/24, McDonald's Corp will pay its quarterly dividend of $1.67 on 6/17/24, and Wendy's Co will pay its quarterly dividend of $0.25 on 6/17/24. As a percentage of GPI's recent stock price of $304.62, this dividend works out to approximately 0.15%, so look for shares of Group 1 Automotive, Inc. to trade 0.15% lower — all else being equal — when GPI shares open for trading on 6/3/24. Similarly, investors should look for MCD to open 0.67% lower in price and for WEN to open 1.47% lower, all else being equal.

Below are dividend history charts for GPI, MCD, and WEN, showing historical dividends prior to the most recent ones declared.

Group 1 Automotive, Inc. (Symbol: GPI):

McDonald's Corp (Symbol: MCD):

Wendy's Co (Symbol: WEN):

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 0.62% for Group 1 Automotive, Inc., 2.68% for McDonald's Corp, and 5.89% for Wendy's Co.

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In Thursday trading, Group 1 Automotive, Inc. shares are currently off about 1.6%, McDonald's Corp shares are down about 1.6%, and Wendy's Co shares are down about 1.5% on the day.

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Also see:

Funds Holding OGCP
GDYN shares outstanding history
CMLS Split History

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