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13 June
Ex-Dividend Reminder: Phillips Edison, Prologis and Iron Mountain

Looking at the universe of stocks we cover at Dividend Channel, on 6/17/24, Phillips Edison & Co Inc (Symbol: PECO), Prologis Inc (Symbol: PLD), and Iron Mountain Inc (Symbol: IRM) will all trade ex-dividend for their respective upcoming dividends. Phillips Edison & Co Inc will pay its monthly dividend of $0.0975 on 7/2/24, Prologis Inc will pay its quarterly dividend of $0.96 on 6/28/24, and Iron Mountain Inc will pay its quarterly dividend of $0.65 on 7/5/24. As a percentage of PECO's recent stock price of $31.90, this dividend works out to approximately 0.31%, so look for shares of Phillips Edison & Co Inc to trade 0.31% lower — all else being equal — when PECO shares open for trading on 6/17/24. Similarly, investors should look for PLD to open 0.85% lower in price and for IRM to open 0.74% lower, all else being equal.

Below are dividend history charts for PECO, PLD, and IRM, showing historical dividends prior to the most recent ones declared.

Phillips Edison & Co Inc (Symbol: PECO):

PECO+Dividend+History+Chart

Prologis Inc (Symbol: PLD):

PLD+Dividend+History+Chart

Iron Mountain Inc (Symbol: IRM):

IRM+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 3.67% for Phillips Edison & Co Inc, 3.40% for Prologis Inc, and 2.98% for Iron Mountain Inc.

In Thursday trading, Phillips Edison & Co Inc shares are currently up about 1.6%, Prologis Inc shares are up about 1.1%, and Iron Mountain Inc shares are trading flat on the day.

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

Also see:

Yield Charts
Institutional Holders of NMCI
XOXO market cap history

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