Looking at the universe of stocks we cover at Dividend Channel, on 4/17/19, Colgate-Palmolive Co. (Symbol: CL), WD-40 Co (Symbol: WDFC), and Cracker Barrel Old Country Store, Inc. (Symbol: CBRL) will all trade ex-dividend for their respective upcoming dividends. Colgate-Palmolive Co. will pay its quarterly dividend of $0.43 on 5/15/19, WD-40 Co will pay its quarterly dividend of $0.61 on 4/30/19, and Cracker Barrel Old Country Store, Inc. will pay its quarterly dividend of $1.25 on 5/6/19. As a percentage of CL's recent stock price of $68.49, this dividend works out to approximately 0.63%, so look for shares of Colgate-Palmolive Co. to trade 0.63% lower — all else being equal — when CL shares open for trading on 4/17/19. Similarly, investors should look for WDFC to open 0.37% lower in price and for CBRL to open 0.81% lower, all else being equal.
Below are dividend history charts for CL, WDFC, and CBRL, showing historical dividends prior to the most recent ones declared.
Colgate-Palmolive Co. (Symbol: CL):
WD-40 Co (Symbol: WDFC):
Cracker Barrel Old Country Store, Inc. (Symbol: CBRL):
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 2.51% for Colgate-Palmolive Co., 1.47% for WD-40 Co, and 3.23% for Cracker Barrel Old Country Store, Inc..
In Monday trading, Colgate-Palmolive Co. shares are currently down about 0.4%, WD-40 Co shares are down about 0.5%, and Cracker Barrel Old Country Store, Inc. shares are down about 0.3% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.