Upcoming Ex-Dividends: Key Dates and Financial Insights for Investors
On November 12, 2024, several noteworthy stocks will trade ex-dividend: American Water Works Co, Inc. (Symbol: AWK), Essential Utilities Inc (Symbol: WTRG), and Organon & Co (Symbol: OGN). Each company is set to issue its quarterly dividend shortly thereafter. American Water Works will distribute $0.765 on December 3, 2024; Essential Utilities will follow with $0.3255 on December 2, 2024; and Organon will pay out $0.28 on December 12, 2024.
American Water Works’ dividend translates to roughly 0.58% of its recent stock price of $132.84. Consequently, investors can anticipate a 0.58% decrease in AWK shares at opening. Similarly, WTRG may see a 0.83% drop, and OGN could fall by approximately 1.74%, assuming no other market factors come into play.
Dividend Growth and Future Prospects
To be considered for the prestigious “Dividend Aristocrats” index, a company must demonstrate at least 20 consecutive years of dividend increases. American Water Works is on track to join this exclusive group, having achieved over 16 years of consistent growth.
Dividend History Charts
Below are historical dividend charts for AWK, WTRG, and OGN, providing insight into their prior dividend distributions.
American Water Works Co, Inc. (Symbol: AWK):
Essential Utilities Inc (Symbol: WTRG):
Organon & Co (Symbol: OGN):
Evaluating Stability and Future Yields
As dividends can fluctuate based on company earnings, reviewing historical data offers a glimpse into a company’s stability. Analyzing the past performance can guide expectations for future dividend payments. For these three companies, projected annual yields are as follows: 2.30% for American Water Works Co, Inc., 3.33% for Essential Utilities Inc, and 6.95% for Organon & Co.
Market Update: On Friday trading, American Water Works shares fell approximately 0.6%, Essential Utilities shares declined about 3.1%, and Organon shares increased by around 2%.
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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.