Looking at the universe of stocks we cover at Dividend Channel , on 3/8/18, Lancaster Colony Corp. (Symbol: LANC), Kraft Heinz Co (Symbol: KHC), and MGP Ingredients Inc (Symbol: MGPI) will all trade ex-dividend for their respective upcoming dividends. Lancaster Colony Corp. will pay its quarterly dividend of $0.60 on 3/30/18, Kraft Heinz Co will pay its quarterly dividend of $0.625 on 3/23/18, and MGP Ingredients Inc will pay its quarterly dividend of $0.08 on 3/23/18. As a percentage of LANC's recent stock price of $121.53, this dividend works out to approximately 0.49%, so look for shares of Lancaster Colony Corp. to trade 0.49% lower - all else being equal - when LANC shares open for trading on 3/8/18. Similarly, investors should look for KHC to open 0.93% lower in price and for MGPI to open 0.10% lower, all else being equal.
Below are dividend history charts for LANC, KHC, and MGPI, showing historical dividends prior to the most recent ones declared.
Lancaster Colony Corp. (Symbol: LANC) :
Kraft Heinz Co (Symbol: KHC) :
MGP Ingredients Inc (Symbol: MGPI) :
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 1.97% for Lancaster Colony Corp., 3.70% for Kraft Heinz Co , and 0.39% for MGP Ingredients Inc .
In Tuesday trading, Lancaster Colony Corp. shares are currently up about 0.2%, Kraft Heinz Co shares are up about 0.2%, and MGP Ingredients Inc shares are down about 1.4% on the day.
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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.
