Looking at the universe of stocks we cover at Dividend Channel, on 5/30/19, Kraft Heinz Co (Symbol: KHC), Tyson Foods Inc (Symbol: TSN), and La-Z-Boy Inc. (Symbol: LZB) will all trade ex-dividend for their respective upcoming dividends. Kraft Heinz Co will pay its quarterly dividend of $0.40 on 6/14/19, Tyson Foods Inc will pay its quarterly dividend of $0.375 on 6/14/19, and La-Z-Boy Inc. will pay its quarterly dividend of $0.13 on 6/14/19. As a percentage of KHC's recent stock price of $30.91, this dividend works out to approximately 1.29%, so look for shares of Kraft Heinz Co to trade 1.29% lower — all else being equal — when KHC shares open for trading on 5/30/19. Similarly, investors should look for TSN to open 0.46% lower in price and for LZB to open 0.40% lower, all else being equal.
Below are dividend history charts for KHC, TSN, and LZB, showing historical dividends prior to the most recent ones declared.
Kraft Heinz Co (Symbol: KHC):
Tyson Foods Inc (Symbol: TSN):
La-Z-Boy Inc. (Symbol: LZB):
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 5.18% for Kraft Heinz Co , 1.82% for Tyson Foods Inc, and 1.60% for La-Z-Boy Inc..
In Tuesday trading, Kraft Heinz Co shares are currently down about 0.7%, Tyson Foods Inc shares are up about 1%, and La-Z-Boy Inc. shares are up about 0.6% 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.