Looking at the universe of stocks we cover at Dividend Channel, on 9/21/17, Royal Caribbean Cruises Ltd (NYSE: RCL), Advance Auto Parts Inc (NYSE: AAP), and Omnicom Group, Inc. (NYSE: OMC) will all trade ex-dividend for their respective upcoming dividends. Royal Caribbean Cruises Ltd will pay its quarterly dividend of $0.60 on 10/11/17, Advance Auto Parts Inc will pay its quarterly dividend of $0.06 on 10/6/17, and Omnicom Group, Inc. will pay its quarterly dividend of $0.55 on 10/10/17.
As a percentage of RCL’s recent stock price of $117.89, this dividend works out to approximately 0.51%, so look for shares of Royal Caribbean Cruises Ltd to trade 0.51% lower — all else being equal — when RCL shares open for trading on 9/21/17. Similarly, investors should look for AAP to open 0.06% lower in price and for OMC to open 0.76% lower, all else being equal.
Below are dividend history charts for RCL, AAP, and OMC, showing historical dividends prior to the most recent ones declared.
Royal Caribbean Cruises Ltd (NYSE: RCL):
Advance Auto Parts Inc (NYSE: AAP):
Omnicom Group, Inc. (NYSE: OMC):
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 2.04% for Royal Caribbean Cruises Ltd, 0.24% for Advance Auto Parts Inc, and 3.03% for Omnicom Group, Inc..
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In Tuesday trading, Royal Caribbean Cruises Ltd shares are currently off about 0.8%, Advance Auto Parts Inc shares are up about 0.9%, and Omnicom Group, Inc. shares are down about 0.2% on the day.