Home Page
Distant Months Contracts
IndexArb Values vs. Time
Stock Performance vs. Indexes
Capitalization Analysis
Index Component Weights
Dividend Analysis
Fair Value Decomposition
Yield Curve
Program Trading Calculator
Help
Terms of Usage/Disclaimer
Contact Us
Demo of Institutional Services
To Subscribe

     Log-In:      
Institutional Subscribers
Advanced Services
Dividend Amounts for Stocks in
the Dow Jones Industrial Average

Updated: Monday, Sept-25-2017
7:35pm ET
Notes about the following table of dividend amounts.
  • Knowledge about dividends is important for index arbitrage because the fair value premium and the related buy and sell program levels are a function of the interest that would be earned on an amount equal to the spot index minus the amount of dividends earned. The time period for these interest and dividend earnings is from the current date to the expiration of the associated future. The dividends have to be adjusted by the index's divisor and, if the index is capitalization weighted, the dividends must also be weighted by the appropriate capitalization factor. The table below shows just the per share dividend amount.
  • Specifically, the estimated dividend amount for each stock below is our best estimate of the aggregate per share dividends that will be paid during the period beginning on Sept-26-2017 and ending on the expiration date of the future identified in the column heading.
  • Most companies pay dividends on a quarterly frequency; a few pay annually or semi-annually. The amount, timing, and growth of each dividend is forecasted from several years of dividend history, provided, of course, that the company has an established track record. Otherwise, the most recent (perceived) dividend policy is extended.
  • Internal values have a precision of at least twelve decimal places. Displayed values, however, are rounded to four decimal places.

 
Dividend Amounts (per share) for Dow Jones Industrial Average Stocks by Active Futures.
[Futures expiration date shown in brackets.]

Dow Jones Industrial Average Stocks DEC 2017
[12-15-17]
MAR 2018
[03-16-18]
3M1.17502.4200
American Express0.35000.7000
Apple0.63001.2600
Boeing1.42003.0400
Caterpillar0.78001.5600
Chevron1.08002.1600
Cisco Systems0.29000.5800
Coca-Cola0.37000.7600
Disney0.85000.8500
DowDuPont-    0.4100
ExxonMobil0.77001.5400
General Electric-    0.5000
Goldman Sachs0.75001.5000
Home Depot0.89001.9400
IBM1.50003.0000
Intel0.27250.5450
Johnson & Johnson0.84001.6800
JPMorgan Chase0.56001.1200
McDonalds1.01002.0200
Merck0.48000.9600
Microsoft0.42000.8400
NIKE B0.20000.4000
Pfizer0.32000.6600
Procter & Gamble0.68961.3792
Travelers0.72001.4400
United Technologies0.70001.4000
UnitedHealth Group0.75001.5000
Verizon Communications0.59001.1800
Visa A0.19000.3800
Wal Mart0.51001.0300


 
  To the top of this page.
  To S&P 500 stock dividends.
  To Nasdaq 100 stock dividends.

 

No portion of this page or web site may be copied, retransmitted, or redistributed in any manner for any commercial use. You may use the site and its information to help in formulating your personal investment decisions; doing so signifies that you accept our
Terms of Usage and Disclaimer.
All pages, content, images, and design Copyright 2000-2017 Ergo Inc. All Rights Reserved Worldwide.