Looking at the universe of stocks we cover at Dividend Channel , on 8/10/18, W.W. Grainger Inc. (Symbol: GWW), Comfort Systems USA Inc (Symbol: FIX), and Landstar System, Inc. (Symbol: LSTR) will all trade ex-dividend for their respective upcoming dividends. W.W. Grainger Inc. will pay its quarterly dividend of $1.36 on 9/1/18, Comfort Systems USA Inc will pay its quarterly dividend of $0.085 on 8/24/18, and Landstar System, Inc. will pay its quarterly dividend of $0.165 on 8/31/18. As a percentage of GWW's recent stock price of $348.09, this dividend works out to approximately 0.39%, so look for shares of W.W. Grainger Inc. to trade 0.39% lower - all else being equal - when GWW shares open for trading on 8/10/18. Similarly, investors should look for FIX to open 0.15% lower in price and for LSTR to open 0.14% lower, all else being equal.
Below are dividend history charts for GWW, FIX, and LSTR, showing historical dividends prior to the most recent ones declared.
W.W. Grainger Inc. (Symbol: GWW) :
Comfort Systems USA Inc (Symbol: FIX) :
Landstar System, Inc. (Symbol: LSTR) :
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 1.56% for W.W. Grainger Inc., 0.62% for Comfort Systems USA Inc, and 0.57% for Landstar System, Inc..
In Wednesday trading, W.W. Grainger Inc. shares are currently down about 0.3%, Comfort Systems USA Inc shares are off about 1.1%, and Landstar System, Inc. shares are down about 0.3% 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.