Looking at the universe of stocks we cover at Dividend Channel , on 7/5/17, Raven Industries, Inc. (Symbol: RAVN), Encore Wire Corp. (Symbol: WIRE), and Monsanto Co (Symbol: MON) will all trade ex-dividend for their respective upcoming dividends. Raven Industries, Inc. will pay its quarterly dividend of $0.13 on 7/21/17, Encore Wire Corp. will pay its quarterly dividend of $0.02 on 7/21/17, and Monsanto Co will pay its quarterly dividend of $0.54 on 7/28/17. As a percentage of RAVN's recent stock price of $33.50, this dividend works out to approximately 0.39%, so look for shares of Raven Industries, Inc. to trade 0.39% lower - all else being equal - when RAVN shares open for trading on 7/5/17. Similarly, investors should look for WIRE to open 0.05% lower in price and for MON to open 0.46% lower, all else being equal.
When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. Monsanto Co (Symbol: MON) is a " future dividend aristocrats contender ," with 16+ years of increases.
Below are dividend history charts for RAVN, WIRE, and MON, showing historical dividends prior to the most recent ones declared.
Raven Industries, Inc. (Symbol: RAVN) :
Encore Wire Corp. (Symbol: WIRE) :
Monsanto Co (Symbol: MON) :
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 1.55% for Raven Industries, Inc., 0.19% for Encore Wire Corp., and 1.83% for Monsanto Co.
In Monday trading, Raven Industries, Inc. shares are currently up about 0.6%, Encore Wire Corp. shares are up about 1.1%, and Monsanto Co shares are off about 0.5% on the day.