Looking at the universe of stocks we cover at Dividend Channel , on 6/8/17, Donaldson Co. Inc. (Symbol: DCI) will trade ex-dividend, for its quarterly dividend of $0.175, payable on 6/28/17. As a percentage of DCI's recent stock price of $45.13, this dividend works out to approximately 0.39%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DCI is likely to continue, and whether the current estimated yield of 1.55% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DCI shares, versus its 200 day moving average:
Looking at the chart above, DCI's low point in its 52 week range is $33.22 per share, with $48.91 as the 52 week high point - that compares with a last trade of $45.15.
According to the ETF Finder at ETF Channel, DCI makes up 3.83% of the Environmental Services ETF (Symbol: EVX) which is trading relatively unchanged on the day Tuesday.
In Tuesday trading, Donaldson Co. Inc. shares are currently off about 0.8% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.