Looking at the universe of stocks we cover at Dividend Channel , on 5/16/19, Cognex Corp (Symbol: CGNX), L3 Technologies Inc (Symbol: LLL), and Visa Inc (Symbol: V) will all trade ex-dividend for their respective upcoming dividends. Cognex Corp will pay its quarterly dividend of $0.05 on 5/31/19, L3 Technologies Inc will pay its quarterly dividend of $0.85 on 6/4/19, and Visa Inc will pay its quarterly dividend of $0.25 on 6/4/19. As a percentage of CGNX's recent stock price of $44.66, this dividend works out to approximately 0.11%, so look for shares of Cognex Corp to trade 0.11% lower - all else being equal - when CGNX shares open for trading on 5/16/19. Similarly, investors should look for LLL to open 0.36% lower in price and for V to open 0.16% lower, all else being equal.
When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. L3 Technologies Inc (Symbol: LLL) is a " future dividend aristocrats contender
," with 15+ years of increases.
Below are dividend history charts for CGNX, LLL, and V, showing historical dividends prior to the most recent ones declared.
Cognex Corp (Symbol: CGNX)
L3 Technologies Inc (Symbol: LLL)
Visa Inc (Symbol: V)
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 0.45% for Cognex Corp, 1.45% for L3 Technologies Inc, and 0.63% for Visa Inc.
In Tuesday trading, Cognex Corp shares are currently up about 1.5%, L3 Technologies Inc shares are up about 0.4%, and Visa Inc shares are up about 0.7% on the day.
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