Ex-Dividend Reminder: Garmin, Tootsie Roll Industries and Jefferies Group

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Looking at the universe of stocks we cover at Dividend Channel , on 6/15/18, Garmin Ltd (Symbol: GRMN), Tootsie Roll Industries Inc (Symbol: TR), and Jefferies Group Inc. (Symbol: JEF) will all trade ex-dividend for their respective upcoming dividends. Garmin Ltd will pay its quarterly dividend of $0.53 on 6/29/18, Tootsie Roll Industries Inc will pay its quarterly dividend of $0.09 on 7/9/18, and Jefferies Group Inc. will pay its quarterly dividend of $0.10 on 6/29/18. As a percentage of GRMN's recent stock price of $62.50, this dividend works out to approximately 0.85%, so look for shares of Garmin Ltd to trade 0.85% lower - all else being equal - when GRMN shares open for trading on 6/15/18. Similarly, investors should look for TR to open 0.31% lower in price and for JEF to open 0.43% lower, all else being equal.

Below are dividend history charts for GRMN, TR, and JEF, showing historical dividends prior to the most recent ones declared.

Garmin Ltd (Symbol: GRMN) :


Tootsie Roll Industries Inc (Symbol: TR) :


Jefferies Group Inc. (Symbol: JEF) :


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 3.39% for Garmin Ltd, 1.23% for Tootsie Roll Industries Inc, and 1.74% for Jefferies Group Inc..

In Wednesday trading, Garmin Ltd shares are currently up about 0.2%, Tootsie Roll Industries Inc shares are off about 0.3%, and Jefferies Group Inc. shares are down about 0.3% 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: GRMN , TR , JEF

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