Ex-Dividend Reminder: Lindsay, HNI and Harris

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Looking at the universe of stocks we cover at Dividend Channel , on 5/16/19, Lindsay Corp (Symbol: LNN), HNI Corp (Symbol: HNI), and Harris Corp. (Symbol: HRS) will all trade ex-dividend for their respective upcoming dividends. Lindsay Corp will pay its quarterly dividend of $0.31 on 5/31/19, HNI Corp will pay its quarterly dividend of $0.305 on 6/3/19, and Harris Corp. will pay its quarterly dividend of $0.685 on 6/4/19. As a percentage of LNN's recent stock price of $85.23, this dividend works out to approximately 0.36%, so look for shares of Lindsay Corp to trade 0.36% lower - all else being equal - when LNN shares open for trading on 5/16/19. Similarly, investors should look for HNI to open 0.86% lower in price and for HRS to open 0.38% lower, all else being equal.

Below are dividend history charts for LNN, HNI, and HRS, showing historical dividends prior to the most recent ones declared.

Lindsay Corp (Symbol: LNN) :


HNI Corp (Symbol: HNI) :


Harris Corp. (Symbol: HRS) :


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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.45% for Lindsay Corp, 3.44% for HNI Corp, and 1.51% for Harris Corp..

In Tuesday trading, Lindsay Corp shares are currently up about 0.9%, HNI Corp shares are trading flat, and Harris Corp. shares are up about 0.1% 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 , Stocks
Referenced Symbols: LNN , HNI , HRS

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