Ex-Dividend Reminder: Allegion, Teck Resources and Leggett & Platt

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Looking at the universe of stocks we cover at Dividend Channel , on 6/14/18, Allegion plc (Symbol: ALLE), Teck Resources Ltd (Symbol: TECK), and Leggett & Platt, Inc. (Symbol: LEG) will all trade ex-dividend for their respective upcoming dividends. Allegion plc will pay its quarterly dividend of $0.21 on 6/29/18, Teck Resources Ltd will pay its quarterly dividend of $0.05 on 6/29/18, and Leggett & Platt, Inc. will pay its quarterly dividend of $0.38 on 7/13/18. As a percentage of ALLE's recent stock price of $81.50, this dividend works out to approximately 0.26%, so look for shares of Allegion plc to trade 0.26% lower - all else being equal - when ALLE shares open for trading on 6/14/18. Similarly, investors should look for TECK to open 0.17% lower in price and for LEG to open 0.85% lower, all else being equal.

Below are dividend history charts for ALLE, TECK, and LEG, showing historical dividends prior to the most recent ones declared.

Allegion plc (Symbol: ALLE) :


Teck Resources Ltd (Symbol: TECK) :


Leggett & Platt, Inc. (Symbol: LEG) :


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 1.03% for Allegion plc, 0.68% for Teck Resources Ltd, and 3.40% for Leggett & Platt, Inc..

In Tuesday trading, Allegion plc shares are currently up about 0.3%, Teck Resources Ltd shares are down about 0.2%, and Leggett & Platt, Inc. shares are up about 0.6% 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 , Options
Referenced Symbols: ALLE , TECK , LEG

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