Ex-Dividend Reminder: Archer Daniels Midland, Spectrum Brands Holdings and HanesBrands

Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 2/15/19, Archer Daniels Midland Co. (Symbol: ADM), Spectrum Brands Holdings Inc (Symbol: SPB), and HanesBrands Inc (Symbol: HBI) will all trade ex-dividend for their respective upcoming dividends. Archer Daniels Midland Co. will pay its quarterly dividend of $0.35 on 3/12/19, Spectrum Brands Holdings Inc will pay its quarterly dividend of $0.42 on 3/12/19, and HanesBrands Inc will pay its quarterly dividend of $0.15 on 3/12/19. As a percentage of ADM's recent stock price of $42.27, this dividend works out to approximately 0.83%, so look for shares of Archer Daniels Midland Co. to trade 0.83% lower - all else being equal - when ADM shares open for trading on 2/15/19. Similarly, investors should look for SPB to open 0.84% lower in price and for HBI to open 0.80% lower, all else being equal.

Below are dividend history charts for ADM, SPB, and HBI, showing historical dividends prior to the most recent ones declared.

Archer Daniels Midland Co. (Symbol: ADM) :


Spectrum Brands Holdings Inc (Symbol: SPB) :


HanesBrands Inc (Symbol: HBI) :


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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.31% for Archer Daniels Midland Co., 3.37% for Spectrum Brands Holdings Inc , and 3.21% for HanesBrands Inc.

In Wednesday trading, Archer Daniels Midland Co. shares are currently off about 0.2%, Spectrum Brands Holdings Inc shares are up about 1.4%, and HanesBrands Inc shares are up about 0.7% 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: ADM , SPB , HBI

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?