Looking at the universe of stocks we cover at Dividend Channel , on 9/7/17, Kimberly-Clark Corp. (Symbol: KMB), Lancaster Colony Corp. (Symbol: LANC), and La-Z-Boy Inc. (Symbol: LZB) will all trade ex-dividend for their respective upcoming dividends. Kimberly-Clark Corp. will pay its quarterly dividend of $0.97 on 10/3/17, Lancaster Colony Corp. will pay its quarterly dividend of $0.55 on 9/29/17, and La-Z-Boy Inc. will pay its quarterly dividend of $0.11 on 9/15/17. As a percentage of KMB's recent stock price of $122.73, this dividend works out to approximately 0.79%, so look for shares of Kimberly-Clark Corp. to trade 0.79% lower - all else being equal - when KMB shares open for trading on 9/7/17. Similarly, investors should look for LANC to open 0.46% lower in price and for LZB to open 0.45% lower, all else being equal.
Below are dividend history charts for KMB, LANC, and LZB, showing historical dividends prior to the most recent ones declared.
Kimberly-Clark Corp. (Symbol: KMB) :
Lancaster Colony Corp. (Symbol: LANC) :
La-Z-Boy Inc. (Symbol: LZB) :
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 3.16% for Kimberly-Clark Corp., 1.86% for Lancaster Colony Corp., and 1.81% for La-Z-Boy Inc..
In Tuesday trading, Kimberly-Clark Corp. shares are currently down about 0.4%, Lancaster Colony Corp. shares are up about 0.3%, and La-Z-Boy Inc. shares are off 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.