Looking at the universe of stocks we cover at Dividend Channel, on 4/7/22, TD SYNNEX Corp (Symbol: SNX), Mastercard Inc (Symbol: MA), and General Dynamics Corp (Symbol: GD) will all trade ex-dividend for their respective upcoming dividends. TD SYNNEX Corp will pay its quarterly dividend of $0.30 on 4/22/22, Mastercard Inc will pay its quarterly dividend of $0.49 on 5/9/22, and General Dynamics Corp will pay its quarterly dividend of $1.26 on 5/6/22. As a percentage of SNX's recent stock price of $103.68, this dividend works out to approximately 0.29%, so look for shares of TD SYNNEX Corp to trade 0.29% lower — all else being equal — when SNX shares open for trading on 4/7/22. Similarly, investors should look for MA to open 0.13% lower in price and for GD to open 0.53% lower, all else being equal.
Below are dividend history charts for SNX, MA, and GD, showing historical dividends prior to the most recent ones declared.
TD SYNNEX Corp (Symbol: SNX):
Mastercard Inc (Symbol: MA):
General Dynamics Corp (Symbol: GD):
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 1.16% for TD SYNNEX Corp, 0.54% for Mastercard Inc, and 2.11% for General Dynamics Corp.
Free Report: Top 7%+ Dividends (paid monthly)
In Tuesday trading, TD SYNNEX Corp shares are currently up about 0.9%, Mastercard Inc shares are up about 0.5%, and General Dynamics Corp shares are off about 1.4% 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.
