Looking at the universe of stocks we cover at Dividend Channel , on 11/30/17, TransAlta Corp. (Symbol: TAC), Advanced Drainage Systems Inc (Symbol: WMS), and Martin Marietta Materials, Inc. (Symbol: MLM) will all trade ex-dividend for their respective upcoming dividends. TransAlta Corp. will pay its quarterly dividend of $0.04 on 1/1/18, Advanced Drainage Systems Inc will pay its quarterly dividend of $0.07 on 12/15/17, and Martin Marietta Materials, Inc. will pay its quarterly dividend of $0.44 on 12/29/17. As a percentage of TAC's recent stock price of $5.85, this dividend works out to approximately 0.68%, so look for shares of TransAlta Corp. to trade 0.68% lower - all else being equal - when TAC shares open for trading on 11/30/17. Similarly, investors should look for WMS to open 0.30% lower in price and for MLM to open 0.22% lower, all else being equal.
Below are dividend history charts for TAC, WMS, and MLM, showing historical dividends prior to the most recent ones declared.
TransAlta Corp. (Symbol: TAC) :
Advanced Drainage Systems Inc (Symbol: WMS) :
Martin Marietta Materials, Inc. (Symbol: MLM) :
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 2.74% for TransAlta Corp., 1.20% for Advanced Drainage Systems Inc, and 0.87% for Martin Marietta Materials, Inc..
In Tuesday trading, TransAlta Corp. shares are currently down about 0.8%, Advanced Drainage Systems Inc shares are up about 0.4%, and Martin Marietta Materials, Inc. shares are down about 0.3% on the day.