Looking at the universe of stocks we cover at Dividend Channel , on 2/23/17, HNI Corp (Symbol: HNI), John Bean Technologies Corp (Symbol: JBT), and Kelly Services, Inc. (Symbol: KELYA) will all trade ex-dividend for their respective upcoming dividends. HNI Corp will pay its quarterly dividend of $0.275 on 3/6/17, John Bean Technologies Corp will pay its quarterly dividend of $0.10 on 3/13/17, and Kelly Services, Inc. will pay its quarterly dividend of $0.075 on 3/13/17. As a percentage of HNI's recent stock price of $46.33, this dividend works out to approximately 0.59%, so look for shares of HNI Corp to trade 0.59% lower - all else being equal - when HNI shares open for trading on 2/23/17. Similarly, investors should look for JBT to open 0.12% lower in price and for KELYA to open 0.34% lower, all else being equal.
Below are dividend history charts for HNI, JBT, and KELYA, showing historical dividends prior to the most recent ones declared.
HNI Corp (Symbol: HNI) :
John Bean Technologies Corp (Symbol: JBT) :
Kelly Services, Inc. (Symbol: KELYA) :
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 2.37% for HNI Corp, 0.47% for John Bean Technologies Corp, and 1.36% for Kelly Services, Inc..
In Tuesday trading, HNI Corp shares are currently trading flat, John Bean Technologies Corp shares are up about 0.3%, and Kelly Services, Inc. shares are up about 0.1% 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.