Looking at the universe of stocks we cover at Dividend Channel, on 11/30/23, Clearway Energy Inc (Symbol: CWEN ), MGE Energy Inc (Symbol: MGEE ), and Baxter International Inc (Symbol: BAX ) will all trade ex . -dividend for their respective upcoming dividends. Clearway Energy Inc will pay its quarterly dividend of $0.3964 on 12/15/23, MGE Energy Inc will pay its quarterly dividend of $0.4275 on 12/15/23, and Baxter International Inc will pay its quarterly dividend of $0.29 USD on 1/2/2/. 24. As a percentage of CWEN’s recent share price of $22.87, this dividend works out to about 1.73%, so look for shares of Clearway Energy Inc to trade 1.73% lower – all else being equal – when CWEN shares open for trading on 11/30/23. Similarly, investors should look for MGEE to open 0.57% lower in price and for BAX to open 0.80% lower, all else being equal.
Below are dividend history charts for CWEN, MGEE and BAX, showing historical dividends before the most recently declared.
Clearway Energy Inc (Symbol: CWEN):
![CWEN+Dividend+History+chart](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)
MGE Energy Inc (Symbol: MGEE):
![MGEE+Dividend+History+chart](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)
Baxter International Inc (Symbol: BAX):
![BAX+Dividend+History+chart](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step to form an expectation of annual performance going forward is to look at the history above, for a sense of stability over time. This can help judge whether these companies’ most recent dividends are likely to continue. If they continue, the current estimated returns on an annual basis would be 6.93% for Clearway Energy Inc, 2.28% for MGE Energy Inc, and 3.19% for Baxter International Inc.
In Tuesday trading, shares of Clearway Energy Inc are currently up about 0.6%, shares of MGE Energy Inc are up about 0.7%, and shares of Baxter International Inc are up about 1.1% on the day.
See also:
• Cheap Oil Stocks Paying Dividends
• OFS shares an outstanding story
• SCMF Internal Purchasing
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.