Sotheby's Trades Ex-Dividend

DividendChannel.com
Forbes

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:

BID Dividend History


Date

Div*


05/27/11

0.050


03/03/11

0.050


11/29/10

0.050


08/30/10

0.050


05/27/10

0.050


03/05/10

0.050


11/27/09

0.050


08/28/09

0.050


05/28/09

0.050


03/05/09

0.150


11/25/08

0.150


08/27/08

0.150


05/28/08

0.150


03/05/08

0.150


11/28/07

0.150


08/29/07

0.150


05/29/07

0.100


02/28/07

0.100


11/28/06

0.100


08/29/06

0.100


11/09/99

0.100


08/11/99

0.100


05/12/99

0.100


03/10/99

0.100


11/10/98

0.100


08/26/98

0.100


05/13/98

0.100


02/25/98

0.100


11/12/97

0.100


09/03/97

0.100


02/26/97

0.100


12/20/96

0.080


08/30/96

0.080


05/13/96

0.080


02/15/96

0.080


11/17/95

0.060


09/01/95

0.060


* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.




BID+Dividend+History+Chart
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BID+Dividend+History+Chart

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.

BID,CSTR,WXS Relative Performance Chart
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BID,CSTR,WXS Relative Performance Chart

In Friday trading, Sotheby's shares are currently off about 1.8% on the day.

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