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Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, Terreno Realty Corp (Symbol: TRNO), Canadian Imperial Bank Of Commerce (Toronto, Ontario) (Symbol: CM), and BancFirst Corp. (Symbol: BANF) will all trade ex-dividend for their respective upcoming dividends. Terreno Realty Corp will pay its quarterly dividend of $0.45 on 7/12/24, Canadian Imperial Bank Of Commerce (Toronto, Ontario) will pay its quarterly dividend of $0.90 on 7/29/24, and BancFirst Corp. will pay its quarterly dividend of $0.43 on 7/15/24. As a percentage of TRNO's recent stock price of $58.35, this dividend works out to approximately 0.77%, so look for shares of Terreno Realty Corp to trade 0.77% lower — all else being equal — when TRNO shares open for trading on 6/28/24. Similarly, investors should look for CM to open 1.86% lower in price and for BANF to open 0.51% lower, all else being equal.

Below are dividend history charts for TRNO, CM, and BANF, showing historical dividends prior to the most recent ones declared.

Terreno Realty Corp (Symbol: TRNO):

Canadian Imperial Bank Of Commerce (Toronto, Ontario) (Symbol: CM):

BancFirst Corp. (Symbol: BANF):

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 3.08% for Terreno Realty Corp, 7.43% for Canadian Imperial Bank Of Commerce (Toronto, Ontario), and 2.03% for BancFirst Corp..

In Wednesday trading, Terreno Realty Corp shares are currently down about 0.9%, Canadian Imperial Bank Of Commerce (Toronto, Ontario) shares are trading flat, and BancFirst Corp. shares are off about 0.5% 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.