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Ex-Dividend Reminder: Harman International Industries, Penske Automotive Group and MDC Partners

Looking at the universe of stocks we cover at Dividend Channel , on 11/6/14, Harman International Industries, Inc. (Symbol: HAR), Penske Automotive Group Inc (Symbol: PAG), and MDC Partners Inc (Symbol: MDCA) will all trade ex-dividend for their respective upcoming dividends. Harman International Industries, Inc. will pay its quarterly dividend of $0.33 on 11/24/14, Penske Automotive Group Inc will pay its quarterly dividend of $0.21 on 12/1/14, and MDC Partners Inc will pay its quarterly dividend of $0.19 on 11/24/14. As a percentage of HAR's recent stock price of $106.78, this dividend works out to approximately 0.31%, so look for shares of Harman International Industries, Inc. to trade 0.31% lower - all else being equal - when HAR shares open for trading on 11/6/14. Similarly, investors should look for PAG to open 0.47% lower in price and for MDCA to open 0.89% lower, all else being equal.

Below are dividend history charts for HAR, PAG, and MDCA, showing historical dividends prior to the most recent ones declared.

Harman International Industries, Inc. (Symbol: HAR) :

HAR+Dividend+History+Chart

Penske Automotive Group Inc (Symbol: PAG) :

PAG+Dividend+History+Chart

MDC Partners Inc (Symbol: MDCA) :

MDCA+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 1.24% for Harman International Industries, Inc., 1.87% for Penske Automotive Group Inc, and 3.55% for MDC Partners Inc.

In Tuesday trading, Harman International Industries, Inc. shares are currently up about 0.1%, Penske Automotive Group Inc shares are off about 0.3%, and MDC Partners Inc shares are up about 0.1% 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.

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