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Ex-Dividend Reminder: Olin, Sonoco Products and WestRock

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Looking at the universe of stocks we cover at Dividend Channel , on 8/9/18, Olin Corp. (Symbol: OLN), Sonoco Products Co. (Symbol: SON), and WestRock Co (Symbol: WRK) will all trade ex-dividend for their respective upcoming dividends. Olin Corp. will pay its quarterly dividend of $0.20 on 9/10/18, Sonoco Products Co. will pay its quarterly dividend of $0.41 on 9/10/18, and WestRock Co will pay its quarterly dividend of $0.43 on 8/20/18. As a percentage of OLN's recent stock price of $30.23, this dividend works out to approximately 0.66%, so look for shares of Olin Corp. to trade 0.66% lower - all else being equal - when OLN shares open for trading on 8/9/18. Similarly, investors should look for SON to open 0.73% lower in price and for WRK to open 0.77% lower, all else being equal.

Below are dividend history charts for OLN, SON, and WRK, showing historical dividends prior to the most recent ones declared.

Olin Corp. (Symbol: OLN) :

Sonoco Products Co. (Symbol: SON) :

WestRock Co (Symbol: WRK) :

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 2.65% for Olin Corp., 2.92% for Sonoco Products Co., and 3.06% for WestRock Co.

In Tuesday trading, Olin Corp. shares are currently off about 0.1%, Sonoco Products Co. shares are trading flat, and WestRock Co shares are down about 0.2% 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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