Looking at the universe of stocks we cover at Dividend Channel , on 3/7/18, Gildan Activewear Inc (Symbol: GIL), Home Depot Inc (Symbol: HD), and Ruth's Hospitality Group Inc (Symbol: RUTH) will all trade ex-dividend for their respective upcoming dividends. Gildan Activewear Inc will pay its quarterly dividend of $0.112 on 4/2/18, Home Depot Inc will pay its quarterly dividend of $1.03 on 3/22/18, and Ruth's Hospitality Group Inc will pay its quarterly dividend of $0.11 on 3/22/18. As a percentage of GIL's recent stock price of $28.54, this dividend works out to approximately 0.39%, so look for shares of Gildan Activewear Inc to trade 0.39% lower - all else being equal - when GIL shares open for trading on 3/7/18. Similarly, investors should look for HD to open 0.58% lower in price and for RUTH to open 0.44% lower, all else being equal.
Below are dividend history charts for GIL, HD, and RUTH, showing historical dividends prior to the most recent ones declared.
Gildan Activewear Inc (Symbol: GIL) :
Home Depot Inc (Symbol: HD) :
Ruth's Hospitality Group Inc (Symbol: RUTH) :
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 1.57% for Gildan Activewear Inc, 2.31% for Home Depot Inc, and 1.76% for Ruth's Hospitality Group Inc.
In Monday trading, Gildan Activewear Inc shares are currently down about 0.8%, Home Depot Inc shares are down about 0.1%, and Ruth's Hospitality Group Inc shares are down about 0.4% 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.