Ex-Dividend Reminder: Leggett & Platt, Johnson Controls International and DSW

Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 9/21/18, Leggett & Platt, Inc. (Symbol: LEG), Johnson Controls International plc (Symbol: JCI), and DSW Inc (Symbol: DSW) will all trade ex-dividend for their respective upcoming dividends. Leggett & Platt, Inc. will pay its quarterly dividend of $0.38 on 10/15/18, Johnson Controls International plc will pay its quarterly dividend of $0.26 on 10/12/18, and DSW Inc will pay its quarterly dividend of $0.25 on 10/5/18. As a percentage of LEG's recent stock price of $46.24, this dividend works out to approximately 0.82%, so look for shares of Leggett & Platt, Inc. to trade 0.82% lower - all else being equal - when LEG shares open for trading on 9/21/18. Similarly, investors should look for JCI to open 0.70% lower in price and for DSW to open 0.80% lower, all else being equal.

Below are dividend history charts for LEG, JCI, and DSW, showing historical dividends prior to the most recent ones declared.

Leggett & Platt, Inc. (Symbol: LEG) :


Johnson Controls International plc (Symbol: JCI) :


DSW Inc (Symbol: DSW) :


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 3.29% for Leggett & Platt, Inc., 2.79% for Johnson Controls International plc, and 3.18% for DSW Inc.

In Wednesday trading, Leggett & Platt, Inc. shares are currently up about 0.3%, Johnson Controls International plc shares are up about 0.3%, and DSW Inc shares are up about 0.9% 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: LEG , JCI , DSW

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?