Looking at the universe of stocks we cover at Dividend Channel, on 8/14/19, KLA Corp (Symbol: KLAC), Microsoft Corporation (Symbol: MSFT), and Jabil Inc (Symbol: JBL) will all trade ex-dividend for their respective upcoming dividends. KLA Corp will pay its quarterly dividend of $0.75 on 9/3/19, Microsoft Corporation will pay its quarterly dividend of $0.46 on 9/12/19, and Jabil Inc will pay its quarterly dividend of $0.08 on 9/3/19. As a percentage of KLAC's recent stock price of $134.92, this dividend works out to approximately 0.56%, so look for shares of KLA Corp to trade 0.56% lower — all else being equal — when KLAC shares open for trading on 8/14/19. Similarly, investors should look for MSFT to open 0.34% lower in price and for JBL to open 0.29% lower, all else being equal.
Below are dividend history charts for KLAC, MSFT, and JBL, showing historical dividends prior to the most recent ones declared.
KLA Corp (Symbol: KLAC):
Microsoft Corporation (Symbol: MSFT):
Jabil Inc (Symbol: JBL):
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 2.22% for KLA Corp, 1.35% for Microsoft Corporation, and 1.15% for Jabil Inc.
In Monday trading, KLA Corp shares are currently down about 0.9%, Microsoft Corporation shares are off about 0.7%, and Jabil Inc shares are down about 0.9% 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.