Looking at the universe of stocks we cover at Dividend Channel, on 5/24/22, Energizer Holdings Inc (Symbol: ENR), Tractor Supply Co. (Symbol: TSCO), and Manulife Financial Corp (Symbol: MFC) will all trade ex-dividend for their respective upcoming dividends. Energizer Holdings Inc will pay its quarterly dividend of $0.30 on 6/17/22, Tractor Supply Co. will pay its quarterly dividend of $0.92 on 6/8/22, and Manulife Financial Corp will pay its quarterly dividend of $0.33 on 6/20/22. As a percentage of ENR's recent stock price of $32.43, this dividend works out to approximately 0.93%, so look for shares of Energizer Holdings Inc to trade 0.93% lower — all else being equal — when ENR shares open for trading on 5/24/22. Similarly, investors should look for TSCO to open 0.50% lower in price and for MFC to open 1.86% lower, all else being equal.
Below are dividend history charts for ENR, TSCO, and MFC, showing historical dividends prior to the most recent ones declared.
Energizer Holdings Inc (Symbol: ENR):
Tractor Supply Co. (Symbol: TSCO):
Manulife Financial Corp (Symbol: MFC):
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 3.70% for Energizer Holdings Inc, 2.01% for Tractor Supply Co., and 7.42% for Manulife Financial Corp.
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In Friday trading, Energizer Holdings Inc shares are currently up about 0.8%, Tractor Supply Co. shares are off about 0.1%, and Manulife Financial Corp shares are up about 0.5% 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.