News

We provide the latest news
from the world of economics and finance

Back
12 June
Ex-Dividend Reminder: Golden Entertainment, Xcel Energy and Chesapeake Utilities

Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Golden Entertainment Inc (Symbol: GDEN), Xcel Energy Inc (Symbol: XEL), and Chesapeake Utilities Corp. (Symbol: CPK) will all trade ex-dividend for their respective upcoming dividends. Golden Entertainment Inc will pay its quarterly dividend of $0.25 on 7/2/24, Xcel Energy Inc will pay its quarterly dividend of $0.5475 on 7/20/24, and Chesapeake Utilities Corp. will pay its quarterly dividend of $0.64 on 7/5/24. As a percentage of GDEN's recent stock price of $29.72, this dividend works out to approximately 0.84%, so look for shares of Golden Entertainment Inc to trade 0.84% lower — all else being equal — when GDEN shares open for trading on 6/14/24. Similarly, investors should look for XEL to open 0.99% lower in price and for CPK to open 0.60% lower, all else being equal.

Below are dividend history charts for GDEN, XEL, and CPK, showing historical dividends prior to the most recent ones declared.

Golden Entertainment Inc (Symbol: GDEN):

GDEN+Dividend+History+Chart

Xcel Energy Inc (Symbol: XEL):

XEL+Dividend+History+Chart

Chesapeake Utilities Corp. (Symbol: CPK):

CPK+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 3.36% for Golden Entertainment Inc, 3.98% for Xcel Energy Inc, and 2.41% for Chesapeake Utilities Corp..

In Wednesday trading, Golden Entertainment Inc shares are currently off about 0.2%, Xcel Energy Inc shares are down about 0.4%, and Chesapeake Utilities Corp. shares are down about 0.4% on the day.

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

Also see:

S&P 500 Components Hedge Funds Are Buying
Institutional Holders of XENE
CMS Energy 13F Filers

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