According to DividendChannel.com, on 8/30/11, Sotheby's (NYSE: BID) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 9/15/11. As a percentage of BID's recent stock price of $32.84, this dividend works out to approximately 0.15%.
Below is a dividend history chart for BID, showing historical dividends prior to the most recent $0.05 declared by Sotheby's:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BID is likely to continue, and whether the current estimated yield of 0.61% on annualized basis is a reasonable expectation of annual yield going forward.
BID operates in the Consumer Services sector, among companies like Coinstar, Inc. (NASD: CSTR) which is down about 0.8% today, and Wright Express Corp (NYSE: WXS) trading lower by about 2.7%. Below is a three month price history chart comparing the stock performance of BID, versus CSTR and WXS.
In Friday trading, Sotheby's shares are currently off about 1.8% on the day.