Ex-Dividend Reminder: Forward Air, Kronos Worldwide and Nabors Industries

By DividendChannel.com,

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Looking at the universe of stocks we cover at Dividend Channel , on 3/6/14, Forward Air Corp (Symbol: FWRD), Kronos Worldwide Inc (Symbol: KRO), and Nabors Industries Ltd. (Symbol: NBR) will all trade ex-dividend for their respective upcoming dividends. Forward Air Corp will pay its quarterly dividend of $0.12 on 3/24/14, Kronos Worldwide Inc will pay its quarterly dividend of $0.15 on 3/20/14, and Nabors Industries Ltd. will pay its quarterly dividend of $0.04 on 3/31/14. As a percentage of FWRD's recent stock price of $44.15, this dividend works out to approximately 0.27%, so look for shares of Forward Air Corp to trade 0.27% lower - all else being equal - when FWRD shares open for trading on 3/6/14. Similarly, investors should look for KRO to open 0.95% lower in price and for NBR to open 0.17% lower, all else being equal.

Below are dividend history charts for FWRD, KRO, and NBR, showing historical dividends prior to the most recent ones declared.

Forward Air Corp (Symbol: FWRD) :


Kronos Worldwide Inc (Symbol: KRO) :


Nabors Industries Ltd. (Symbol: NBR) :


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 1.09% for Forward Air Corp, 3.80% for Kronos Worldwide Inc, and 0.70% for Nabors Industries Ltd..

In Tuesday trading, Forward Air Corp shares are currently up about 2.6%, Kronos Worldwide Inc shares are up about 1.5%, and Nabors Industries Ltd. shares are up about 0.5% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Investing Ideas
Referenced Stocks: FWRD , KRO , NBR

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