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Looking at the universe of stocks we cover at Dividend Channel, on 7/15/24, AbbVie Inc (Symbol: ABBV), ARMOUR Residential REIT Inc. (Symbol: ARR), and Mid-America Apartment Communities Inc (Symbol: MAA) will all trade ex-dividend for their respective upcoming dividends. AbbVie Inc will pay its quarterly dividend of $1.55 on 8/15/24, ARMOUR Residential REIT Inc. will pay its monthly dividend of $0.24 on 7/30/24, and Mid-America Apartment Communities Inc will pay its quarterly dividend of $1.47 on 7/31/24. As a percentage of ABBV's recent stock price of $168.14, this dividend works out to approximately 0.92%, so look for shares of AbbVie Inc to trade 0.92% lower — all else being equal — when ABBV shares open for trading on 7/15/24. Similarly, investors should look for ARR to open 1.20% lower in price and for MAA to open 1.05% lower, all else being equal.

Below are dividend history charts for ABBV, ARR, and MAA, showing historical dividends prior to the most recent ones declared.

AbbVie Inc (Symbol: ABBV):

ARMOUR Residential REIT Inc. (Symbol: ARR):

Mid-America Apartment Communities Inc (Symbol: MAA):

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 3.69% for AbbVie Inc, 14.35% for ARMOUR Residential REIT Inc., and 4.20% for Mid-America Apartment Communities Inc.

In Thursday trading, AbbVie Inc shares are currently up about 0.1%, ARMOUR Residential REIT Inc. shares are up about 1.9%, and Mid-America Apartment Communities Inc shares are up about 0.7% 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.