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Ex-Dividend Reminder: Ryder System, Alaska Air Group and Rockwell Automation

Looking at the universe of stocks we cover at Dividend Channel , on 2/16/17, Ryder System, Inc. (Symbol: R), Alaska Air Group, Inc. (Symbol: ALK), and Rockwell Automation, Inc. (Symbol: ROK) will all trade ex-dividend for their respective upcoming dividends. Ryder System, Inc. will pay its quarterly dividend of $0.44 on 3/17/17, Alaska Air Group, Inc. will pay its quarterly dividend of $0.30 on 3/9/17, and Rockwell Automation, Inc. will pay its quarterly dividend of $0.76 on 3/10/17. As a percentage of R's recent stock price of $77.00, this dividend works out to approximately 0.57%, so look for shares of Ryder System, Inc. to trade 0.57% lower - all else being equal - when R shares open for trading on 2/16/17. Similarly, investors should look for ALK to open 0.31% lower in price and for ROK to open 0.50% lower, all else being equal.

Below are dividend history charts for R, ALK, and ROK, showing historical dividends prior to the most recent ones declared.

Ryder System, Inc. (Symbol: R) :

R+Dividend+History+Chart

Alaska Air Group, Inc. (Symbol: ALK) :

ALK+Dividend+History+Chart

Rockwell Automation, Inc. (Symbol: ROK) :

ROK+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 2.29% for Ryder System, Inc., 1.24% for Alaska Air Group, Inc., and 2.01% for Rockwell Automation, Inc..

In Tuesday trading, Ryder System, Inc. shares are currently off about 0.2%, Alaska Air Group, Inc. shares are off about 1.2%, and Rockwell Automation, Inc. shares are off 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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