News

Looking at the universe of stocks we cover at Dividend Channel, on 7/1/24, State Street Corp. (Symbol: STT), Fulton Financial Corp. (Symbol: FULT), and Realty Income Corp (Symbol: O) will all trade ex-dividend for their respective upcoming dividends. State Street Corp. will pay its quarterly dividend of $0.69 on 7/11/24, Fulton Financial Corp. will pay its quarterly dividend of $0.17 on 7/15/24, and Realty Income Corp will pay its monthly dividend of $0.263 on 7/15/24. As a percentage of STT's recent stock price of $72.86, this dividend works out to approximately 0.95%, so look for shares of State Street Corp. to trade 0.95% lower — all else being equal — when STT shares open for trading on 7/1/24. Similarly, investors should look for FULT to open 1.03% lower in price and for O to open 0.50% lower, all else being equal.

Below are dividend history charts for STT, FULT, and O, showing historical dividends prior to the most recent ones declared.

State Street Corp. (Symbol: STT):

Fulton Financial Corp. (Symbol: FULT):

Realty Income Corp (Symbol: O):

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 3.79% for State Street Corp., 4.13% for Fulton Financial Corp., and 5.99% for Realty Income Corp.

In Thursday trading, State Street Corp. shares are currently up about 0.4%, Fulton Financial Corp. shares are up about 1.4%, and Realty Income Corp shares are down about 0.5% on the day.

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

Also see:

Technical Analysis Channel
MDS Videos
NREF Next Dividend Date

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