Looking at the universe of stocks we cover at Dividend Channel, on 10/23/14, Williams-Sonoma, Inc. (NYSE: WSM), FS Investment Corporation (NYSE: FSIC), and Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) will all trade ex-dividend for their respective upcoming dividends. Williams-Sonoma, Inc. will pay its quarterly dividend of $0.33 on 11/25/14, FS Investment Corporation will pay its monthly dividend of $0.0742 on 11/4/14, and Banco Latinoamericano de Comercio Exterior, S.A. will pay its quarterly dividend of $0.35 on 11/7/14.
As a percentage of WSM's recent stock price of $64.90, this dividend works out to approximately 0.51%, so look for shares of Williams-Sonoma, Inc. to trade 0.51% lower — all else being equal — when WSM shares open for trading on 10/23/14. Similarly, investors should look for FSIC to open 0.70% lower in price and for BLX to open 1.12% lower, all else being equal.
Below are dividend history charts for WSM, FSIC, and BLX, showing historical dividends prior to the most recent ones declared.
Williams-Sonoma, Inc. (NYSE: WSM):
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 2.03% for Williams-Sonoma, Inc., 8.40% for FS Investment Corporation, and 4.47% for Banco Latinoamericano de Comercio Exterior, S.A..
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In Tuesday trading, Williams-Sonoma, Inc. shares are currently up about 1.5%, FS Investment Corporation shares are up about 0.6%, and Banco Latinoamericano de Comercio Exterior, S.A. shares are up about 0.7% on the day.
