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Ex-Dividend Reminder: Lpl Financial Holdings, Macquarie Infrastructure and Kennametal

Looking at the universe of stocks we cover at Dividend Channel , on 11/9/15, Lpl Financial Holdings Incorporated (Symbol: LPLA), Macquarie Infrastructure Corp (Symbol: MIC), and Kennametal Inc. (Symbol: KMT) will all trade ex-dividend for their respective upcoming dividends. Lpl Financial Holdings Incorporated will pay its quarterly dividend of $0.25 on 11/24/15, Macquarie Infrastructure Corp will pay its quarterly dividend of $1.13 on 11/17/15, and Kennametal Inc. will pay its quarterly dividend of $0.20 on 11/24/15. As a percentage of LPLA's recent stock price of $44.31, this dividend works out to approximately 0.56%, so look for shares of Lpl Financial Holdings Incorporated to trade 0.56% lower - all else being equal - when LPLA shares open for trading on 11/9/15. Similarly, investors should look for MIC to open 1.41% lower in price and for KMT to open 0.72% lower, all else being equal.

Below are dividend history charts for LPLA, MIC, and KMT, showing historical dividends prior to the most recent ones declared. Lpl Financial Holdings Incorporated (Symbol: LPLA) :

LPLA+Dividend+History+Chart

Macquarie Infrastructure Corp (Symbol: MIC) :

MIC+Dividend+History+Chart

Kennametal Inc. (Symbol: KMT) :

KMT+Dividend+History+Chart

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 2.26% for Lpl Financial Holdings Incorporated, 5.64% for Macquarie Infrastructure Corp, and 2.88% for Kennametal Inc.. In Thursday trading, Lpl Financial Holdings Incorporated shares are currently up about 0.2%, Macquarie Infrastructure Corp shares are up about 0.4%, and Kennametal Inc. shares are up about 0.3% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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.

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