Ex-Dividend Reminder: Energizer Holdings, Archer Daniels Midland and MGP Ingredients

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Looking at the universe of stocks we cover at Dividend Channel , on 8/15/18, Energizer Holdings Inc (Symbol: ENR), Archer Daniels Midland Co. (Symbol: ADM), and MGP Ingredients Inc (Symbol: MGPI) will all trade ex-dividend for their respective upcoming dividends. Energizer Holdings Inc will pay its quarterly dividend of $0.29 on 9/12/18, Archer Daniels Midland Co. will pay its quarterly dividend of $0.335 on 9/6/18, and MGP Ingredients Inc will pay its quarterly dividend of $0.08 on 8/31/18. As a percentage of ENR's recent stock price of $62.86, this dividend works out to approximately 0.46%, so look for shares of Energizer Holdings Inc to trade 0.46% lower - all else being equal - when ENR shares open for trading on 8/15/18. Similarly, investors should look for ADM to open 0.67% lower in price and for MGPI to open 0.10% lower, all else being equal.

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

Energizer Holdings Inc (Symbol: ENR) :


Archer Daniels Midland Co. (Symbol: ADM) :


MGP Ingredients Inc (Symbol: MGPI) :


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 1.85% for Energizer Holdings Inc , 2.70% for Archer Daniels Midland Co., and 0.41% for MGP Ingredients Inc .

In Monday trading, Energizer Holdings Inc shares are currently up about 0.2%, Archer Daniels Midland Co. shares are off about 0.3%, and MGP Ingredients Inc shares are up about 1% on the day.

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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: ENR , ADM , MGPI

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