Looking at the universe of stocks we cover at Dividend Channel, on 7/31/14, Citigroup Inc (NYSE: C), WestAmerica Bancorporation (NASD: WABC), and National Penn Bancshares Inc (NASD: NPBC) will all trade ex-dividend for their respective upcoming dividends. Citigroup Inc will pay its quarterly dividend of $0.01 on 8/22/14, WestAmerica Bancorporation will pay its quarterly dividend of $0.38 on 8/15/14, and National Penn Bancshares Inc will pay its quarterly dividend of $0.10 on 8/15/14.
As a percentage of C's recent stock price of $49.64, this dividend works out to approximately 0.02%, so look for shares of Citigroup Inc to trade 0.02% lower — all else being equal — when C shares open for trading on 7/31/14. Similarly, investors should look for WABC to open 0.78% lower in price and for NPBC to open 0.96% lower, all else being equal.
Below are dividend history charts for C, WABC, and NPBC, showing historical dividends prior to the most recent ones declared.
Citigroup Inc (NYSE: C):
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 0.08% for Citigroup Inc, 3.13% for WestAmerica Bancorporation, and 3.85% for National Penn Bancshares Inc .
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In Tuesday trading, Citigroup Inc shares are currently down about 0.1%, WestAmerica Bancorporation shares are trading flat, and National Penn Bancshares Inc shares are up about 0.3% on the day.
