Ex-Dividend Reminder: Sturm, Ruger, J.M. Smucker and Dana

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Looking at the universe of stocks we cover at Dividend Channel , on 5/16/19, Sturm, Ruger & Co., Inc. (Symbol: RGR), J.M. Smucker Co. (Symbol: SJM), and Dana Inc (Symbol: DAN) will all trade ex-dividend for their respective upcoming dividends. Sturm, Ruger & Co., Inc. will pay its quarterly dividend of $0.29 on 5/31/19, J.M. Smucker Co. will pay its quarterly dividend of $0.85 on 6/3/19, and Dana Inc will pay its quarterly dividend of $0.10 on 6/7/19. As a percentage of RGR's recent stock price of $51.73, this dividend works out to approximately 0.56%, so look for shares of Sturm, Ruger & Co., Inc. to trade 0.56% lower - all else being equal - when RGR shares open for trading on 5/16/19. Similarly, investors should look for SJM to open 0.67% lower in price and for DAN to open 0.60% lower, all else being equal.

Below are dividend history charts for RGR, SJM, and DAN, showing historical dividends prior to the most recent ones declared.

Sturm, Ruger & Co., Inc. (Symbol: RGR) :


J.M. Smucker Co. (Symbol: SJM) :


Dana Inc (Symbol: DAN) :


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 2.24% for Sturm, Ruger & Co., Inc., 2.70% for J.M. Smucker Co., and 2.41% for Dana Inc.

In Tuesday trading, Sturm, Ruger & Co., Inc. shares are currently down about 0.2%, J.M. Smucker Co. shares are off about 0.6%, and Dana Inc shares are up about 1.8% on the day.

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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: RGR , SJM , DAN

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