Filed under: News


Ex-Dividend Reminder: Equity Residential, ProAssurance and DCT Industrial Trust

Dec 20 2013, 10:06am CST | by


Looking at the universe of stocks we cover at Dividend Channel, on 12/24/13, Equity Residential (NYSE: EQR), ProAssurance Corp. (NYSE: PRA), and DCT Industrial Trust Inc (NYSE: DCT) will all trade ex-dividend for their respective upcoming dividends. Equity Residential will pay its quarterly dividend of $0.65 on 1/10/14, ProAssurance Corp. will pay its annual dividend of $0.30 on 1/9/14, and DCT Industrial Trust Inc will pay its quarterly dividend of $0.07 on 1/9/14.

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

As a percentage of EQR’s recent stock price of $51.87, this dividend works out to approximately 1.25%, so look for shares of Equity Residential to trade 1.25% lower — all else being equal — when EQR shares open for trading on 12/24/13. Similarly, investors should look for PRA to open 0.62% lower in price and for DCT to open 0.98% lower, all else being equal.

Below are dividend history charts for EQR, PRA, and DCT, showing historical dividends prior to the most recent ones declared.

Equity Residential (NYSE: EQR):

ProAssurance Corp. (NYSE: PRA):

DCT Industrial Trust Inc (NYSE: DCT):

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 5.01% for Equity Residential, 0.62% for ProAssurance Corp., and 3.93% for DCT Industrial Trust Inc.

Special Offer: Join the income investing conversation on with a special Seven Days for Seven Dollars invitation from Forbes.

In Friday trading, Equity Residential shares are currently down about 0.3%, ProAssurance Corp. shares are off about 0.1%, and DCT Industrial Trust Inc shares are up about 0.1% on the day.

Source: Forbes

You Might Also Like


Shopping Deals


<a href="/latest_stories/all/all/31" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.




blog comments powered by Disqus

Latest stories

Beltran Leyva Gang Member Arrested in Mexico City
Beltran Leyva Gang: Vital Gang Member Arrested in Mexico
The intensification of the law enforcement agencies in Mexico City led to the arrest of a vital gang member of the infamous and notorious Beltran Leyva gang.
Apple Adding More Anti-Theft Features
Apple Adding More Anti-Theft Features
Agreeing to new standards, Apple will now be adding several new features to the iOS upgrades
Bucks owner sold Milwaukee Bucks for $550 Million
Bucks owner sold Milwaukee Bucks for $550 Million
Bucks owner Herb Kohl has sold his NBA team, Milwaukee Bucks, to Wesley Edens and Marc Lasry for the stunning amount of $550 million.
Thandie Newton Shows Newborn Son Booker Photo
Thandie Newton Shares Photo of Newborn Son Booker
Thandie Newton publicly shared the first photo of her newborn son, Booker Jombe Parker six weeks after his birth.

The Hottest Photos of Victoria's Secret Fashion Show 2013


Viral Stories the Web