Looking at the universe of stocks we cover at Dividend Channel, on 7/14/21, Arcosa Inc (Symbol: ACA), IDEX Corporation (Symbol: IEX), and Kadant Inc (Symbol: KAI) will all trade ex-dividend for their respective upcoming dividends. Arcosa Inc will pay its quarterly dividend of $0.05 on 7/30/21, IDEX Corporation will pay its quarterly dividend of $0.54 on 7/30/21, and Kadant Inc will pay its quarterly dividend of $0.25 on 8/12/21. As a percentage of ACA's recent stock price of $55.40, this dividend works out to approximately 0.09%, so look for shares of Arcosa Inc to trade 0.09% lower — all else being equal — when ACA shares open for trading on 7/14/21. Similarly, investors should look for IEX to open 0.24% lower in price and for KAI to open 0.14% lower, all else being equal.
Below are dividend history charts for ACA, IEX, and KAI, showing historical dividends prior to the most recent ones declared.
Arcosa Inc (Symbol: ACA):
IDEX Corporation (Symbol: IEX):
Kadant Inc (Symbol: KAI):
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 0.36% for Arcosa Inc, 0.97% for IDEX Corporation, and 0.56% for Kadant Inc.
Free Report: Top 7%+ Dividends (paid monthly)
In Monday trading, Arcosa Inc shares are currently off about 1.1%, IDEX Corporation shares are down about 0.5%, and Kadant Inc shares are up about 0.1% 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.