Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 3/15/18, Mueller Industries Inc (Symbol: MLI), Fidelity National Information Services Inc (Symbol: FIS), and American Railcar Industries Inc (Symbol: ARII) will all trade ex-dividend for their respective upcoming dividends. Mueller Industries Inc will pay its quarterly dividend of $0.10 on 3/29/18, Fidelity National Information Services Inc will pay its quarterly dividend of $0.32 on 3/30/18, and American Railcar Industries Inc will pay its quarterly dividend of $0.40 on 3/23/18. As a percentage of MLI's recent stock price of $28.16, this dividend works out to approximately 0.36%, so look for shares of Mueller Industries Inc to trade 0.36% lower - all else being equal - when MLI shares open for trading on 3/15/18. Similarly, investors should look for FIS to open 0.32% lower in price and for ARII to open 1.04% lower, all else being equal.
Below are dividend history charts for MLI, FIS, and ARII, showing historical dividends prior to the most recent ones declared.
Mueller Industries Inc (Symbol: MLI) :
Fidelity National Information Services Inc (Symbol: FIS) :
American Railcar Industries Inc (Symbol: ARII) :
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 1.42% for Mueller Industries Inc, 1.26% for Fidelity National Information Services Inc, and 4.15% for American Railcar Industries Inc.
In Tuesday trading, Mueller Industries Inc shares are currently trading flat, Fidelity National Information Services Inc shares are up about 0.1%, and American Railcar Industries Inc shares are down about 0.7% 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.
