On 4/7/22, Oracle, Verizon Communications, and NetApp, will all trade ex-dividend for their respective upcoming dividends. Oracle will pay its quarterly dividend of $0.32 on 4/21/22, Verizon Communications will pay its quarterly dividend of $0.64 on 5/2/22, and NetApp will pay its quarterly dividend of $0.50 on 4/27/22.
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As a percentage of ORCL’s recent stock price of $83.97, this dividend works out to approximately 0.38%, so look for shares of Oracle to trade 0.38% lower — all else being equal — when ORCL shares open for trading on 4/7/22. Similarly, investors should look for VZ to open 1.22% lower in price and for NTAP to open 0.60% lower, all else being equal.
Below are dividend history charts for ORCL, VZ, and NTAP, showing historical dividends prior to the most recent ones declared.
Oracle:
Verizon Communications:
NetApp:
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 1.52% for Oracle, 4.89% for Verizon Communications, and 2.39% for NetApp.
In Tuesday trading, Oracle shares are currently up about 2.4%, Verizon Communications shares are up about 0.5%, and NetApp shares are up about 1.8% on the day. Find other Top High Dividend Stocks at Top Dividends.
Source: https://www.forbes.com/sites/dividendchannel/2022/04/05/ex-dividend-reminder-oracle-verizon-communications-and-netapp/