Looking at the universe of stocks we cover at Dividend Channel , on 2/27/14, Heartland Payment Systems Inc (Symbol: HPY), Northrop Grumman Corp (Symbol: NOC), and Universal Truckload Services Inc (Symbol: UACL) will all trade ex-dividend for their respective upcoming dividends. Heartland Payment Systems Inc will pay its quarterly dividend of $0.085 on 3/14/14, Northrop Grumman Corp will pay its quarterly dividend of $0.61 on 3/19/14, and Universal Truckload Services Inc will pay its quarterly dividend of $0.07 on 3/13/14. As a percentage of HPY's recent stock price of $39.88, this dividend works out to approximately 0.21%, so look for shares of Heartland Payment Systems Inc to trade 0.21% lower - all else being equal - when HPY shares open for trading on 2/27/14. Similarly, investors should look for NOC to open 0.50% lower in price and for UACL to open 0.28% lower, all else being equal.
Below are dividend history charts for HPY, NOC, and UACL, showing historical dividends prior to the most recent ones declared. Heartland Payment Systems Inc (Symbol: HPY)
: Northrop Grumman Corp (Symbol: NOC)
: Universal Truckload Services Inc (Symbol: UACL)
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 0.85% for Heartland Payment Systems Inc, 2.00% for Northrop Grumman Corp, and 1.12% for Universal Truckload Services Inc. In Tuesday trading, Heartland Payment Systems Inc shares are currently off about 0.3%, Northrop Grumman Corp shares are down about 0.3%, and Universal Truckload Services Inc shares are down about 0.9% on the day.
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