Looking at the universe of stocks we cover at Dividend Channel, on 4/26/22, Cal-Maine Foods Inc (Symbol: CALM), Clorox Co (Symbol: CLX), and Fastenal Co. (Symbol: FAST) will all trade ex-dividend for their respective upcoming dividends. Cal-Maine Foods Inc will pay its quarterly dividend of $0.125 on 5/12/22, Clorox Co will pay its quarterly dividend of $1.16 on 5/13/22, and Fastenal Co. will pay its quarterly dividend of $0.31 on 5/25/22. As a percentage of CALM's recent stock price of $56.49, this dividend works out to approximately 0.22%, so look for shares of Cal-Maine Foods Inc to trade 0.22% lower — all else being equal — when CALM shares open for trading on 4/26/22. Similarly, investors should look for CLX to open 0.77% lower in price and for FAST to open 0.54% lower, all else being equal.
Below are dividend history charts for CALM, CLX, and FAST, showing historical dividends prior to the most recent ones declared.
Cal-Maine Foods Inc (Symbol: CALM):
Clorox Co (Symbol: CLX):
Fastenal Co. (Symbol: FAST):
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 0.89% for Cal-Maine Foods Inc, 3.07% for Clorox Co, and 2.16% for Fastenal Co..
Free Report: Top 7%+ Dividends (paid monthly)
In Friday trading, Cal-Maine Foods Inc shares are currently up about 0.2%, Clorox Co shares are up about 1.9%, and Fastenal Co. shares are off about 0.5% 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.
