Ex-Dividend Reminder: Deere, Lennox International and Primoris Services

Looking at the universe of stocks we cover at Dividend Channel, on 12/29/22, Deere & Co. (Symbol: DE), Lennox International Inc (Symbol: LII), and Primoris Services Corp (Symbol: PRIM) will all trade ex-dividend for their respective upcoming dividends. Deere & Co. will pay its quarterly dividend of $1.20 on 2/8/23, Lennox International Inc will pay its quarterly dividend of $1.06 on 1/13/23, and Primoris Services Corp will pay its quarterly dividend of $0.06 on 1/13/23. As a percentage of DE's recent stock price of $438.00, this dividend works out to approximately 0.27%, so look for shares of Deere & Co. to trade 0.27% lower — all else being equal — when DE shares open for trading on 12/29/22. Similarly, investors should look for LII to open 0.44% lower in price and for PRIM to open 0.27% lower, all else being equal.

Below are dividend history charts for DE, LII, and PRIM, showing historical dividends prior to the most recent ones declared.

Deere & Co. (Symbol: DE):

Lennox International Inc (Symbol: LII):

Primoris Services Corp (Symbol: PRIM):

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 1.10% for Deere & Co., 1.75% for Lennox International Inc, and 1.09% for Primoris Services Corp.

In Tuesday trading, Deere & Co. shares are currently up about 0.2%, Lennox International Inc shares are off about 0.1%, and Primoris Services Corp shares are up about 0.6% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.