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Looking at the universe of stocks we cover at Dividend Channel, on 4/29/24, Apple Hospitality REIT Inc (Symbol: APLE), Banner Corp. (Symbol: BANR), and Ellington Financial Inc (Symbol: EFC) will all trade ex-dividend for their respective upcoming dividends. Apple Hospitality REIT Inc will pay its monthly dividend of $0.08 on 5/15/24, Banner Corp. will pay its quarterly dividend of $0.48 on 5/10/24, and Ellington Financial Inc will pay its monthly dividend of $0.13 on 5/28/24. As a percentage of APLE's recent stock price of $15.27, this dividend works out to approximately 0.52%, so look for shares of Apple Hospitality REIT Inc to trade 0.52% lower — all else being equal — when APLE shares open for trading on 4/29/24. Similarly, investors should look for BANR to open 1.04% lower in price and for EFC to open 1.13% lower, all else being equal.

Below are dividend history charts for APLE, BANR, and EFC, showing historical dividends prior to the most recent ones declared.

Apple Hospitality REIT Inc (Symbol: APLE):

Banner Corp. (Symbol: BANR):

Ellington Financial Inc (Symbol: EFC):

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 6.29% for Apple Hospitality REIT Inc, 4.16% for Banner Corp., and 13.51% for Ellington Financial Inc.

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In Thursday trading, Apple Hospitality REIT Inc shares are currently down about 1.3%, Banner Corp. shares are up about 0.2%, and Ellington Financial Inc shares are off about 1% on the day.

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