Looking at the universe of stocks we cover at Dividend Channel , on 3/7/18, Harris Corp. (Symbol: HRS), Canadian National Railway Co (Symbol: CNI), and Newmont Mining Corp (Symbol: NEM) will all trade ex-dividend for their respective upcoming dividends. Harris Corp. will pay its quarterly dividend of $0.57 on 3/21/18, Canadian National Railway Co will pay its quarterly dividend of $0.455 on 3/29/18, and Newmont Mining Corp will pay its quarterly dividend of $0.14 on 3/22/18. As a percentage of HRS's recent stock price of $151.83, this dividend works out to approximately 0.38%, so look for shares of Harris Corp. to trade 0.38% lower - all else being equal - when HRS shares open for trading on 3/7/18. Similarly, investors should look for CNI to open 0.61% lower in price and for NEM to open 0.37% lower, all else being equal.
Below are dividend history charts for HRS, CNI, and NEM, showing historical dividends prior to the most recent ones declared.
Harris Corp. (Symbol: HRS) :
Canadian National Railway Co (Symbol: CNI) :
Newmont Mining Corp (Symbol: NEM) :
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 1.50% for Harris Corp., 2.43% for Canadian National Railway Co, and 1.49% for Newmont Mining Corp .
In Monday trading, Harris Corp. shares are currently off about 1.3%, Canadian National Railway Co shares are off about 0.7%, and Newmont Mining Corp shares are off about 0.9% 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.