Ex-Dividend Reminder: Goodyear Tire & Rubber, Carpenter Technology and Andeavor Logistics

Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 4/30/18, Goodyear Tire & Rubber Co. (Symbol: GT), Carpenter Technology Corp. (Symbol: CRS), and Andeavor Logistics LP (Symbol: ANDX) will all trade ex-dividend for their respective upcoming dividends. Goodyear Tire & Rubber Co. will pay its quarterly dividend of $0.14 on 6/1/18, Carpenter Technology Corp. will pay its quarterly dividend of $0.18 on 6/7/18, and Andeavor Logistics LP will pay its quarterly dividend of $1.015 on 5/15/18. As a percentage of GT's recent stock price of $25.43, this dividend works out to approximately 0.55%, so look for shares of Goodyear Tire & Rubber Co. to trade 0.55% lower - all else being equal - when GT shares open for trading on 4/30/18. Similarly, investors should look for CRS to open 0.36% lower in price and for ANDX to open 2.07% lower, all else being equal.

Below are dividend history charts for GT, CRS, and ANDX, showing historical dividends prior to the most recent ones declared.

Goodyear Tire & Rubber Co. (Symbol: GT) :


Carpenter Technology Corp. (Symbol: CRS) :


Andeavor Logistics LP (Symbol: ANDX) :


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 2.20% for Goodyear Tire & Rubber Co., 1.43% for Carpenter Technology Corp., and 8.27% for Andeavor Logistics LP.

In Thursday trading, Goodyear Tire & Rubber Co. shares are currently off about 0.3%, Carpenter Technology Corp. shares are up about 2.2%, and Andeavor Logistics LP shares are trading flat 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: GT , CRS , ANDX

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?