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08 February
Ex-Dividend Reminder: Sabra Health Care REIT, Dolby Laboratories and Paychex

Looking at the universe of stocks we cover at Dividend Channel, on 2/12/24, Sabra Health Care REIT Inc (Symbol: SBRA), Dolby Laboratories Inc (Symbol: DLB), and Paychex Inc (Symbol: PAYX) will all trade ex-dividend for their respective upcoming dividends. Sabra Health Care REIT Inc will pay its quarterly dividend of $0.30 on 2/29/24, Dolby Laboratories Inc will pay its quarterly dividend of $0.30 on 2/22/24, and Paychex Inc will pay its quarterly dividend of $0.89 on 2/27/24. As a percentage of SBRA's recent stock price of $12.95, this dividend works out to approximately 2.32%, so look for shares of Sabra Health Care REIT Inc to trade 2.32% lower — all else being equal — when SBRA shares open for trading on 2/12/24. Similarly, investors should look for DLB to open 0.38% lower in price and for PAYX to open 0.73% lower, all else being equal.

Below are dividend history charts for SBRA, DLB, and PAYX, showing historical dividends prior to the most recent ones declared.

Sabra Health Care REIT Inc (Symbol: SBRA):

Dolby Laboratories Inc (Symbol: DLB):

Paychex Inc (Symbol: PAYX):

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 9.27% for Sabra Health Care REIT Inc, 1.51% for Dolby Laboratories Inc, and 2.92% for Paychex Inc.

In Thursday trading, Sabra Health Care REIT Inc shares are currently off about 0.1%, Dolby Laboratories Inc shares are off about 0.2%, and Paychex Inc shares are down about 0.1% on the day.

Also see:

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NTSX shares outstanding history

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