News

We provide the latest news
from the world of economics and finance

20 February
Ex-Dividend Reminder: Avista, ONE Gas and AstraZeneca

Looking at the universe of stocks we cover at Dividend Channel, on 2/22/24, Avista Corp (Symbol: AVA), ONE Gas, Inc. (Symbol: OGS), and AstraZeneca plc (Symbol: AZN) will all trade ex-dividend for their respective upcoming dividends. Avista Corp will pay its quarterly dividend of $0.475 on 3/15/24, ONE Gas, Inc. will pay its quarterly dividend of $0.66 on 3/8/24, and AstraZeneca plc will pay its semi-annual dividend of $0.985 on 3/25/24. As a percentage of AVA's recent stock price of $33.57, this dividend works out to approximately 1.41%, so look for shares of Avista Corp to trade 1.41% lower — all else being equal — when AVA shares open for trading on 2/22/24. Similarly, investors should look for OGS to open 1.09% lower in price and for AZN to open 1.53% lower, all else being equal.

Below are dividend history charts for AVA, OGS, and AZN, showing historical dividends prior to the most recent ones declared.

Avista Corp (Symbol: AVA):

ONE Gas, Inc. (Symbol: OGS):

AstraZeneca plc (Symbol: AZN):

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 5.66% for Avista Corp, 4.35% for ONE Gas, Inc., and 3.07% for AstraZeneca plc.

In Tuesday trading, Avista Corp shares are currently down about 0.4%, ONE Gas, Inc. shares are down about 1%, and AstraZeneca plc shares are up about 2.3% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:

Top Ten Hedge Funds Holding TCJH
SCS Dividend Growth Rate
Charter Communications MACD

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