Looking at the universe of stocks we cover at Dividend Channel , on 5/17/18, L3 Technologies Inc (Symbol: LLL), Timken Co. (Symbol: TKR), and HNI Corp (Symbol: HNI) will all trade ex-dividend for their respective upcoming dividends. L3 Technologies Inc will pay its quarterly dividend of $0.80 on 6/15/18, Timken Co. will pay its quarterly dividend of $0.28 on 6/4/18, and HNI Corp will pay its quarterly dividend of $0.295 on 6/1/18. As a percentage of LLL's recent stock price of $192.09, this dividend works out to approximately 0.42%, so look for shares of L3 Technologies Inc to trade 0.42% lower - all else being equal - when LLL shares open for trading on 5/17/18. Similarly, investors should look for TKR to open 0.59% lower in price and for HNI to open 0.83% 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 14+ years of increases.
Below are dividend history charts for LLL, TKR, and HNI, showing historical dividends prior to the most recent ones declared.
L3 Technologies Inc (Symbol: LLL)
Timken Co. (Symbol: TKR)
HNI Corp (Symbol: HNI)
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 1.67% for L3 Technologies Inc, 2.35% for Timken Co. , and 3.31% for HNI Corp.
In Tuesday trading, L3 Technologies Inc shares are currently up about 0.1%, Timken Co. shares are down about 0.4%, and HNI Corp shares are off about 0.6% on the day.
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