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Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, Agree Realty Corp. (Symbol: ADC), US Bancorp (Symbol: USB), and SL Green Realty Corp (Symbol: SLG) will all trade ex-dividend for their respective upcoming dividends. Agree Realty Corp. will pay its monthly dividend of $0.25 on 7/15/24, US Bancorp will pay its quarterly dividend of $0.49 on 7/15/24, and SL Green Realty Corp will pay its monthly dividend of $0.25 on 7/15/24. As a percentage of ADC's recent stock price of $60.83, this dividend works out to approximately 0.41%, so look for shares of Agree Realty Corp. to trade 0.41% lower — all else being equal — when ADC shares open for trading on 6/28/24. Similarly, investors should look for USB to open 1.22% lower in price and for SLG to open 0.45% lower, all else being equal.

Below are dividend history charts for ADC, USB, and SLG, showing historical dividends prior to the most recent ones declared.

Agree Realty Corp. (Symbol: ADC):

US Bancorp (Symbol: USB):

SL Green Realty Corp (Symbol: SLG):

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 4.93% for Agree Realty Corp., 4.90% for US Bancorp, and 5.39% for SL Green Realty Corp.

In Wednesday trading, Agree Realty Corp. shares are currently off about 1.5%, US Bancorp shares are off about 1.3%, and SL Green Realty Corp shares are off about 0.4% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.