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Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Meritage Homes Corp (Symbol: MTH), Boyd Gaming Corp. (Symbol: BYD), and Dominos Pizza Inc. (Symbol: DPZ) will all trade ex-dividend for their respective upcoming dividends. Meritage Homes Corp will pay its quarterly dividend of $0.75 on 6/28/24, Boyd Gaming Corp. will pay its quarterly dividend of $0.17 on 7/15/24, and Dominos Pizza Inc. will pay its quarterly dividend of $1.51 on 6/28/24. As a percentage of MTH's recent stock price of $164.65, this dividend works out to approximately 0.46%, so look for shares of Meritage Homes Corp to trade 0.46% lower — all else being equal — when MTH shares open for trading on 6/14/24. Similarly, investors should look for BYD to open 0.32% lower in price and for DPZ to open 0.29% lower, all else being equal.

When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. Dominos Pizza Inc. (Symbol: DPZ) is a "future dividend aristocrats contender," with 14+ years of increases.

Below are dividend history charts for MTH, BYD, and DPZ, showing historical dividends prior to the most recent ones declared.

Meritage Homes Corp (Symbol: MTH):

Boyd Gaming Corp. (Symbol: BYD):

Dominos Pizza Inc. (Symbol: DPZ):

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 1.82% for Meritage Homes Corp, 1.29% for Boyd Gaming Corp., and 1.14% for Dominos Pizza Inc..

In Wednesday trading, Meritage Homes Corp shares are currently down about 2.4%, Boyd Gaming Corp. shares are up about 0.8%, and Dominos Pizza Inc. shares are up about 0.3% 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.