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Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, Host Hotels & Resorts Inc (Symbol: HST), Innovative Industrial Properties Inc (Symbol: IIPR), and AXIS Capital Holdings Ltd (Symbol: AXS) will all trade ex-dividend for their respective upcoming dividends. Host Hotels & Resorts Inc will pay its quarterly dividend of $0.20 on 7/15/24, Innovative Industrial Properties Inc will pay its quarterly dividend of $1.90 on 7/15/24, and AXIS Capital Holdings Ltd will pay its quarterly dividend of $0.44 on 7/18/24. As a percentage of HST's recent stock price of $18.08, this dividend works out to approximately 1.11%, so look for shares of Host Hotels & Resorts Inc to trade 1.11% lower — all else being equal — when HST shares open for trading on 6/28/24. Similarly, investors should look for IIPR to open 1.74% lower in price and for AXS to open 0.62% lower, all else being equal.

Below are dividend history charts for HST, IIPR, and AXS, showing historical dividends prior to the most recent ones declared.

Host Hotels & Resorts Inc (Symbol: HST):

Innovative Industrial Properties Inc (Symbol: IIPR):

AXIS Capital Holdings Ltd (Symbol: AXS):

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 4.42% for Host Hotels & Resorts Inc, 6.95% for Innovative Industrial Properties Inc, and 2.46% for AXIS Capital Holdings Ltd.

In Wednesday trading, Host Hotels & Resorts Inc shares are currently down about 0.2%, Innovative Industrial Properties Inc shares are down about 0.5%, and AXIS Capital Holdings Ltd shares are down about 0.1% 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.