Looking at the universe of stocks we cover at Dividend Channel , on 1/11/18, Hormel Foods Corp. (Symbol: HRL), ARMOUR Residential REIT Inc. (Symbol: ARR), and Alamo Group, Inc. (Symbol: ALG) will all trade ex-dividend for their respective upcoming dividends. Hormel Foods Corp. will pay its quarterly dividend of $0.1875 on 2/15/18, ARMOUR Residential REIT Inc. will pay its monthly dividend of $0.19 on 1/29/18, and Alamo Group, Inc. will pay its quarterly dividend of $0.11 on 1/29/18. As a percentage of HRL's recent stock price of $36.00, this dividend works out to approximately 0.52%, so look for shares of Hormel Foods Corp. to trade 0.52% lower - all else being equal - when HRL shares open for trading on 1/11/18. Similarly, investors should look for ARR to open 0.76% lower in price and for ALG to open 0.10% lower, all else being equal.
Below are dividend history charts for HRL, ARR, and ALG, showing historical dividends prior to the most recent ones declared.
Hormel Foods Corp. (Symbol: HRL) :
ARMOUR Residential REIT Inc. (Symbol: ARR) :
Alamo Group, Inc. (Symbol: ALG) :
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 2.08% for Hormel Foods Corp., 9.09% for ARMOUR Residential REIT Inc., and 0.39% for Alamo Group, Inc..
In Wednesday trading, Hormel Foods Corp. shares are currently off about 1.1%, ARMOUR Residential REIT Inc. shares are off about 0.9%, and Alamo Group, Inc. shares are down about 0.2% on the day.