Upcoming Dividends May Impact Shares of WMS, GOLD, MGA

Stock market concerns arise as Advanced Drainage Systems Inc, Barrick Gold Corp., and Magna International Inc prepare to trade ex-dividend. Experts anticipate WMS shares may fall by 0.14%, GOLD by 0.55%, and MGA by 1.27% when trading opens.

Date: 26-02-2025

AI Rating: 5

Dividend Payments and Stock Prices
The report outlines the upcoming ex-dividend dates for Advanced Drainage Systems Inc (WMS), Barrick Gold Corp. (GOLD), and Magna International Inc (MGA) along with their respective dividend payments. The impending dividends are projected to cause each stock to trade lower by a specific percentage when their shares open for trading post-ex-dividend.

Advanced Drainage Systems Inc (WMS) will have a dividend yield of approximately 0.14% based on its recent stock price of $116.01, which could lead to a 0.14% drop in its price. Barrick Gold Corp. is expected to see a 0.55% decline, attributed to its upcoming dividend of $0.10, while Magna International Inc faces a potential decrease of 1.27% related to its dividend of $0.485.

Moreover, the report provides estimated annualized yields for these companies: WMS at 0.55%, GOLD at 2.21%, and MGA at 5.08%. With an emphasis on the relationship between dividends and stock performance, the report notes that dividends may often reflect company profitability and hence influence potential stock price movements. Analyzing the dividend history charts might provide insights on whether the companies can sustain these dividends in the future.

Stocks: WMS GOLD MGA