Looking at the universe of stocks we cover at Dividend Channel , on 6/7/18, Avangrid Inc (Symbol: AGR), Steris plc (Symbol: STE), and Becton, Dickinson & Co (Symbol: BDX) will all trade ex-dividend for their respective upcoming dividends. Avangrid Inc will pay its quarterly dividend of $0.432 on 7/2/18, Steris plc will pay its quarterly dividend of $0.31 on 6/28/18, and Becton, Dickinson & Co will pay its quarterly dividend of $0.75 on 6/29/18. As a percentage of AGR's recent stock price of $52.04, this dividend works out to approximately 0.83%, so look for shares of Avangrid Inc to trade 0.83% lower - all else being equal - when AGR shares open for trading on 6/7/18. Similarly, investors should look for STE to open 0.29% lower in price and for BDX to open 0.33% lower, all else being equal.
Below are dividend history charts for AGR, STE, and BDX, showing historical dividends prior to the most recent ones declared.
Avangrid Inc (Symbol: AGR) :
Steris plc (Symbol: STE) :
Becton, Dickinson & Co (Symbol: BDX) :
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 3.32% for Avangrid Inc, 1.17% for Steris plc, and 1.31% for Becton, Dickinson & Co.
In Tuesday trading, Avangrid Inc shares are currently up about 0.5%, Steris plc shares are up about 0.4%, and Becton, Dickinson & Co shares are trading flat 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.