News

Looking at the universe of stocks we cover at Dividend Channel, on 7/5/24, Globe Life Inc (Symbol: GL), American Express Co. (Symbol: AXP), and JPMorgan Chase & Co (Symbol: JPM) will all trade ex-dividend for their respective upcoming dividends. Globe Life Inc will pay its quarterly dividend of $0.24 on 8/1/24, American Express Co. will pay its quarterly dividend of $0.70 on 8/9/24, and JPMorgan Chase & Co will pay its quarterly dividend of $1.15 on 7/31/24. As a percentage of GL's recent stock price of $83.08, this dividend works out to approximately 0.29%, so look for shares of Globe Life Inc to trade 0.29% lower — all else being equal — when GL shares open for trading on 7/5/24. Similarly, investors should look for AXP to open 0.30% lower in price and for JPM to open 0.55% lower, all else being equal.

Below are dividend history charts for GL, AXP, and JPM, showing historical dividends prior to the most recent ones declared.

Globe Life Inc (Symbol: GL):

American Express Co. (Symbol: AXP):

JPMorgan Chase & Co (Symbol: JPM):

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 1.16% for Globe Life Inc, 1.19% for American Express Co., and 2.20% for JPMorgan Chase & Co.

In Wednesday trading, Globe Life Inc shares are currently up about 0.3%, American Express Co. shares are up about 0.9%, and JPMorgan Chase & Co shares are up about 1.6% on the day.

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

Also see:

Market News Video
EDR Next Dividend Date
PSCT Videos

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