Looking at the universe of stocks we cover at Dividend Channel , on 3/8/18, Terex Corp. (Symbol: TEX), Textron Inc (Symbol: TXT), and Ingersoll-Rand plc (Symbol: IR) will all trade ex-dividend for their respective upcoming dividends. Terex Corp. will pay its quarterly dividend of $0.10 on 3/19/18, Textron Inc will pay its quarterly dividend of $0.02 on 4/1/18, and Ingersoll-Rand plc will pay its quarterly dividend of $0.45 on 3/30/18. As a percentage of TEX's recent stock price of $40.15, this dividend works out to approximately 0.25%, so look for shares of Terex Corp. to trade 0.25% lower - all else being equal - when TEX shares open for trading on 3/8/18. Similarly, investors should look for TXT to open 0.03% lower in price and for IR to open 0.52% lower, all else being equal.
Below are dividend history charts for TEX, TXT, and IR, showing historical dividends prior to the most recent ones declared.
Terex Corp. (Symbol: TEX) :
Textron Inc (Symbol: TXT) :
Ingersoll-Rand plc (Symbol: IR) :
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 1.00% for Terex Corp., 0.14% for Textron Inc, and 2.07% for Ingersoll-Rand plc.
In Tuesday trading, Terex Corp. shares are currently up about 1.8%, Textron Inc shares are up about 0.5%, and Ingersoll-Rand plc shares are up about 0.7% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.