Looking at the universe of stocks we cover at Dividend Channel, on 5/30/19, GrafTech International Ltd (Symbol: EAF), Fortive Corp (Symbol: FTV), and Union Pacific Corp (Symbol: UNP) will all trade ex-dividend for their respective upcoming dividends. GrafTech International Ltd will pay its quarterly dividend of $0.085 on 6/28/19, Fortive Corp will pay its quarterly dividend of $0.07 on 6/28/19, and Union Pacific Corp will pay its quarterly dividend of $0.88 on 6/28/19. As a percentage of EAF's recent stock price of $10.30, this dividend works out to approximately 0.83%, so look for shares of GrafTech International Ltd to trade 0.83% lower — all else being equal — when EAF shares open for trading on 5/30/19. Similarly, investors should look for FTV to open 0.09% lower in price and for UNP to open 0.51% lower, all else being equal.
Below are dividend history charts for EAF, FTV, and UNP, showing historical dividends prior to the most recent ones declared.
GrafTech International Ltd (Symbol: EAF):
Fortive Corp (Symbol: FTV):
Union Pacific Corp (Symbol: UNP):
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 3.30% for GrafTech International Ltd, 0.36% for Fortive Corp, and 2.03% for Union Pacific Corp.
In Tuesday trading, GrafTech International Ltd shares are currently up about 0.9%, Fortive Corp shares are up about 0.3%, and Union Pacific Corp shares are up 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.