Looking at the universe of stocks we cover at Dividend Channel, on 8/30/24, Premier Inc (Symbol: PINC), CSX Corp (Symbol: CSX), and Tennant Co. (Symbol: TNC) will all trade ex-dividend for their respective upcoming dividends. Premier Inc will pay its quarterly dividend of $0.21 on 9/15/24, CSX Corp will pay its quarterly dividend of $0.12 on 9/13/24, and Tennant Co. will pay its quarterly dividend of $0.28 on 9/16/24. As a percentage of PINC's recent stock price of $19.79, this dividend works out to approximately 1.06%, so look for shares of Premier Inc to trade 1.06% lower — all else being equal — when PINC shares open for trading on 8/30/24. Similarly, investors should look for CSX to open 0.36% lower in price and for TNC to open 0.29% lower, all else being equal.
Below are dividend history charts for PINC, CSX, and TNC, showing historical dividends prior to the most recent ones declared.
Premier Inc (Symbol: PINC):
CSX Corp (Symbol: CSX):
Tennant Co. (Symbol: TNC):
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 4.24% for Premier Inc, 1.43% for CSX Corp, and 1.16% for Tennant Co..
In Wednesday trading, Premier Inc shares are currently off about 1.1%, CSX Corp shares are down about 0.3%, and Tennant Co. shares are down about 0.7% on the day.
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Also see:
DNO market cap history
KLAC Dividend Growth Rate
USRT YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
