Looking at the universe of stocks we cover at Dividend Channel , on 2/14/19, Emerson Electric Co. (Symbol: EMR), Applied Industrial Technologies, Inc. (Symbol: AIT), and Gorman-Rupp Company (Symbol: GRC) will all trade ex-dividend for their respective upcoming dividends. Emerson Electric Co. will pay its quarterly dividend of $0.49 on 3/11/19, Applied Industrial Technologies, Inc. will pay its quarterly dividend of $0.31 on 2/28/19, and Gorman-Rupp Company will pay its quarterly dividend of $0.135 on 3/8/19. As a percentage of EMR's recent stock price of $67.44, this dividend works out to approximately 0.73%, so look for shares of Emerson Electric Co. to trade 0.73% lower - all else being equal - when EMR shares open for trading on 2/14/19. Similarly, investors should look for AIT to open 0.54% lower in price and for GRC to open 0.40% lower, all else being equal.
Below are dividend history charts for EMR, AIT, and GRC, showing historical dividends prior to the most recent ones declared.
Emerson Electric Co. (Symbol: EMR) :
Applied Industrial Technologies, Inc. (Symbol: AIT) :
Gorman-Rupp Company (Symbol: GRC) :
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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.91% for Emerson Electric Co., 2.18% for Applied Industrial Technologies, Inc., and 1.61% for Gorman-Rupp Company .
In Tuesday trading, Emerson Electric Co. shares are currently up about 0.8%, Applied Industrial Technologies, Inc. shares are up about 1.2%, and Gorman-Rupp Company shares are up about 2.1% 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.
