Ex-Dividend Reminder: Cedar Fair, Kohl's and Texas Roadhouse
ETF Channel Staff - Friday, December 1, 10:18 AMOn 12/5/23, Cedar Fair LP (FUN), Kohl's Corp. (KSS), and Texas Roadhouse Inc (TXRH) will all trade ex-dividend for their respective upcoming dividends. Cedar Fair LP will pay its quarterly dividend of $0.30 on 12/20/23, Kohl's Corp. will pay its quarterly dividend of $0.50 on 12/20/23, and Texas Roadhouse Inc will pay its quarterly dividend of $0.55 on 12/26/23.
As a percentage of FUN's recent stock price of $39.22, this dividend works out to approximately 0.76%, so look for shares of Cedar Fair LP to trade 0.76% lower — all else being equal — when FUN shares open for trading on 12/5/23. Similarly, investors should look for KSS to open 2.13% lower in price and for TXRH to open 0.49% lower, all else being equal.
Below are dividend history charts for FUN, KSS, and TXRH, showing historical dividends prior to the most recent ones declared.
Cedar Fair LP (FUN):
Kohl's Corp. (KSS):
Texas Roadhouse Inc (TXRH):
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 3.06% for Cedar Fair LP, 8.53% for Kohl's Corp., and 1.95% for Texas Roadhouse Inc.
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In Friday trading, Cedar Fair LP shares are currently up about 1.3%, Kohl's Corp. shares are off about 1.7%, and Texas Roadhouse Inc shares are up about 0.8% on the day.