Looking at the universe of stocks we cover at Dividend Channel, on 6/10/21, Fidelity National Information Services Inc (Symbol: FIS), Exponent Inc. (Symbol: EXPO), and Textron Inc (Symbol: TXT) will all trade ex-dividend for their respective upcoming dividends. Fidelity National Information Services Inc will pay its quarterly dividend of $0.39 on 6/25/21, Exponent Inc. will pay its quarterly dividend of $0.20 on 6/25/21, and Textron Inc will pay its quarterly dividend of $0.02 on 7/1/21. As a percentage of FIS's recent stock price of $144.31, this dividend works out to approximately 0.27%, so look for shares of Fidelity National Information Services Inc to trade 0.27% lower — all else being equal — when FIS shares open for trading on 6/10/21. Similarly, investors should look for EXPO to open 0.23% lower in price and for TXT to open 0.03% lower, all else being equal.
Below are dividend history charts for FIS, EXPO, and TXT, showing historical dividends prior to the most recent ones declared.
Fidelity National Information Services Inc (Symbol: FIS):
Exponent Inc. (Symbol: EXPO):
Textron Inc (Symbol: TXT):
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 1.08% for Fidelity National Information Services Inc, 0.90% for Exponent Inc., and 0.11% for Textron Inc.
In Tuesday trading, Fidelity National Information Services Inc shares are currently up about 0.6%, Exponent Inc. shares are up about 0.4%, and Textron Inc shares are down 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.