Upcoming Ex-Dividend Dates: What to Expect from McDonald’s, Group 1 Automotive, and Nordstrom
On December 2, 2024, three notable companies—McDonald’s Corp (Symbol: MCD), Group 1 Automotive, Inc. (Symbol: GPI), and Nordstrom, Inc. (Symbol: JWN)—will begin trading ex-dividend. Each company has announced its upcoming dividends. McDonald’s will distribute a quarterly dividend of $1.77 on December 16, 2024. Group 1 Automotive will pay $0.47 on the same day, while Nordstrom will issue a dividend of $0.19 on December 18, 2024.
Examining the dividend in relation to McDonald’s recent stock price of $295.08, the dividend yields approximately 0.60%. Therefore, investors can anticipate McDonald’s shares to open about 0.60% lower when trading begins on December 2. Likewise, Group 1 Automotive is expected to open approximately 0.11% lower, and Nordstrom’s shares may start about 0.84% lower, assuming all other factors remain constant.
Investors can refer to the following charts for a deeper understanding of the dividend history for MCD, GPI, and JWN:
McDonald’s Corp (Symbol: MCD):
Group 1 Automotive, Inc. (Symbol: GPI):
Nordstrom, Inc. (Symbol: JWN):
Dividends can fluctuate with a company’s earnings. Analyzing past dividend payments can give investors insights into stability and help gauge future expectations. If these companies maintain their dividend payments, the estimated annual yields are projected to be 2.40% for McDonald’s, 0.44% for Group 1 Automotive, and 3.36% for Nordstrom.
During Friday’s trading session, McDonald’s shares fell approximately 0.4%, Group 1 Automotive saw a decline of about 1%, and Nordstrom experienced a more significant drop of 8.1%.
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The views and opinions expressed herein are solely those of the author and do not necessarily reflect those of Nasdaq, Inc.