Quantcast

Ex-Dividend Reminder: Altra Industrial Motion, Spirit AeroSystems Holdings and Albany International


Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 3/16/18, Altra Industrial Motion Corp (Symbol: AIMC), Spirit AeroSystems Holdings Inc (Symbol: SPR), and Albany International Corp (Symbol: AIN) will all trade ex-dividend for their respective upcoming dividends. Altra Industrial Motion Corp will pay its quarterly dividend of $0.17 on 4/3/18, Spirit AeroSystems Holdings Inc will pay its quarterly dividend of $0.10 on 4/9/18, and Albany International Corp will pay its quarterly dividend of $0.17 on 4/6/18. As a percentage of AIMC's recent stock price of $48.00, this dividend works out to approximately 0.35%, so look for shares of Altra Industrial Motion Corp to trade 0.35% lower - all else being equal - when AIMC shares open for trading on 3/16/18. Similarly, investors should look for SPR to open 0.11% lower in price and for AIN to open 0.25% lower, all else being equal.

Below are dividend history charts for AIMC, SPR, and AIN, showing historical dividends prior to the most recent ones declared.

Altra Industrial Motion Corp (Symbol: AIMC) :

AIMC+Dividend+History+Chart

Spirit AeroSystems Holdings Inc (Symbol: SPR) :

SPR+Dividend+History+Chart

Albany International Corp (Symbol: AIN) :

AIN+Dividend+History+Chart

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 1.42% for Altra Industrial Motion Corp, 0.44% for Spirit AeroSystems Holdings Inc, and 1.00% for Albany International Corp.

In Wednesday trading, Altra Industrial Motion Corp shares are currently up about 1.6%, Spirit AeroSystems Holdings Inc shares are up about 0.1%, and Albany International Corp shares are up about 0.8% 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: AIMC , SPR , AIN


More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing








Research Brokers before you trade

Want to trade FX?