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Ex-Dividend Reminder: B&G Foods, McCormick and Ingredion

Looking at the universe of stocks we cover at Dividend Channel , on 12/28/16, B&G Foods Inc (Symbol: BGS), McCormick & Co Inc (Symbol: MKC), and Ingredion Inc (Symbol: INGR) will all trade ex-dividend for their respective upcoming dividends. B&G Foods Inc will pay its quarterly dividend of $0.465 on 1/30/17, McCormick & Co Inc will pay its quarterly dividend of $0.47 on 1/17/17, and Ingredion Inc will pay its quarterly dividend of $0.50 on 1/25/17. As a percentage of BGS's recent stock price of $44.30, this dividend works out to approximately 1.05%, so look for shares of B&G Foods Inc to trade 1.05% lower - all else being equal - when BGS shares open for trading on 12/28/16. Similarly, investors should look for MKC to open 0.50% lower in price and for INGR to open 0.40% lower, all else being equal.

Below are dividend history charts for BGS, MKC, and INGR, showing historical dividends prior to the most recent ones declared.

B&G Foods Inc (Symbol: BGS) :

BGS+Dividend+History+Chart

McCormick & Co Inc (Symbol: MKC) :

MKC+Dividend+History+Chart

Ingredion Inc (Symbol: INGR) :

INGR+Dividend+History+Chart

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 4.20% for B&G Foods Inc, 2.01% for McCormick & Co Inc, and 1.59% for Ingredion Inc.

In Tuesday trading, B&G Foods Inc shares are currently off about 0.6%, McCormick & Co Inc shares are up about 0.4%, and Ingredion Inc shares are trading flat on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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