Looking at the universe of stocks we cover at Dividend Channel, on 8/21/19, TransUnion (Symbol: TRU), Avista Corp (Symbol: AVA), and Hawaiian Electric Industries Inc (Symbol: HE) will all trade ex-dividend for their respective upcoming dividends. TransUnion will pay its quarterly dividend of $0.075 on 9/6/19, Avista Corp will pay its quarterly dividend of $0.3875 on 9/13/19, and Hawaiian Electric Industries Inc will pay its quarterly dividend of $0.32 on 9/10/19. As a percentage of TRU's recent stock price of $83.43, this dividend works out to approximately 0.09%, so look for shares of TransUnion to trade 0.09% lower — all else being equal — when TRU shares open for trading on 8/21/19. Similarly, investors should look for AVA to open 0.83% lower in price and for HE to open 0.72% lower, all else being equal.
Below are dividend history charts for TRU, AVA, and HE, showing historical dividends prior to the most recent ones declared.
TransUnion (Symbol: TRU):
Avista Corp (Symbol: AVA):
Hawaiian Electric Industries Inc (Symbol: HE):
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 0.36% for TransUnion, 3.33% for Avista Corp, and 2.87% for Hawaiian Electric Industries Inc.
In Monday trading, TransUnion shares are currently up about 1.4%, Avista Corp shares are up about 0.1%, and Hawaiian Electric Industries Inc shares are down about 0.2% 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.