On 5/20/24, Nuvei, Walgreens Boots Alliance, and Johnson & Johnson will all trade ex-dividend for their respective upcoming dividends. Nuvei will pay its quarterly dividend of $0.10 on 6/6/24, Walgreens Boots Alliance will pay its quarterly dividend of $0.25 on 6/12/24, and Johnson & Johnson will pay its quarterly dividend of $1.24 on 6/4/24.
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As a percentage of NVEI’s recent stock price of $32.30, this dividend works out to approximately 0.31%, so look for shares of Nuvei to trade 0.31% lower — all else being equal — when NVEI shares open for trading on 5/20/24. Similarly, investors should look for WBA to open 1.40% lower in price and for JNJ to open 0.81% lower, all else being equal.
Below are dividend history charts for NVEI, WBA, and JNJ, showing historical dividends prior to the most recent ones declared.
Nuvei:
Walgreens Boots Alliance:
Johnson & Johnson:
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 1.24% for Nuvei, 5.59% for Walgreens Boots Alliance, and 3.25% for Johnson & Johnson.
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In Thursday trading, Nuvei shares are currently up about 0.1%, Walgreens Boots Alliance shares are down about 2.5%, and Johnson & Johnson shares are up about 0.8% on the day.
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