Ex-Dividend Reminder: Hillshire Brands, Polaris Industries and Allison Transmission Holdings
Looking at the universe of stocks we cover at Dividend Channel , on 2/27/14, Hillshire Brands Co (Symbol: HSH), Polaris Industries Inc. (Symbol: PII), and Allison Transmission Holdings Inc (Symbol: ALSN) will all trade ex-dividend for their respective upcoming dividends. Hillshire Brands Co will pay its quarterly dividend of $0.175 on 4/7/14, Polaris Industries Inc. will pay its quarterly dividend of $0.48 on 3/17/14, and Allison Transmission Holdings Inc will pay its quarterly dividend of $0.12 on 3/25/14. As a percentage of HSH's recent stock price of $36.78, this dividend works out to approximately 0.48%, so look for shares of Hillshire Brands Co to trade 0.48% lower - all else being equal - when HSH shares open for trading on 2/27/14. Similarly, investors should look for PII to open 0.37% lower in price and for ALSN to open 0.41% lower, all else being equal.Below are dividend history charts for HSH, PII, and ALSN, showing historical dividends prior to the most recent ones declared. Hillshire Brands Co (Symbol: HSH) :
Polaris Industries Inc. (Symbol: PII) :
Allison Transmission Holdings Inc (Symbol: ALSN) :
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 1.90% for Hillshire Brands Co, 1.48% for Polaris Industries Inc., and 1.64% for Allison Transmission Holdings Inc. In Tuesday trading, Hillshire Brands Co shares are currently off about 0.1%, Polaris Industries Inc. shares are down about 0.4%, and Allison Transmission Holdings Inc shares are off about 3.8% on the day.