Looking at the universe of stocks we cover at Dividend Channel, on 5/27/21, Newell Brands Inc (Symbol: NWL), Autoliv Inc (Symbol: ALV), and Fortune Brands Home & Security, Inc. (Symbol: FBHS) will all trade ex-dividend for their respective upcoming dividends. Newell Brands Inc will pay its quarterly dividend of $0.23 on 6/15/21, Autoliv Inc will pay its quarterly dividend of $0.62 on 6/14/21, and Fortune Brands Home & Security, Inc. will pay its quarterly dividend of $0.26 on 6/16/21. As a percentage of NWL's recent stock price of $28.46, this dividend works out to approximately 0.81%, so look for shares of Newell Brands Inc to trade 0.81% lower — all else being equal — when NWL shares open for trading on 5/27/21. Similarly, investors should look for ALV to open 0.59% lower in price and for FBHS to open 0.25% lower, all else being equal.
Below are dividend history charts for NWL, ALV, and FBHS, showing historical dividends prior to the most recent ones declared.
Newell Brands Inc (Symbol: NWL):
Autoliv Inc (Symbol: ALV):
Fortune Brands Home & Security, Inc. (Symbol: FBHS):
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 3.23% for Newell Brands Inc, 2.37% for Autoliv Inc, and 0.98% for Fortune Brands Home & Security, Inc..
In Tuesday trading, Newell Brands Inc shares are currently up about 0.7%, Autoliv Inc shares are up about 0.8%, and Fortune Brands Home & Security, Inc. shares are up about 1.3% 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.