Looking at the universe of stocks we cover at Dividend Channel, on 9/8/22, Exponent Inc. (Symbol: EXPO), ICF International Inc (Symbol: ICFI), and Textron Inc (Symbol: TXT) will all trade ex-dividend for their respective upcoming dividends. Exponent Inc. will pay its quarterly dividend of $0.24 on 9/23/22, ICF International Inc will pay its quarterly dividend of $0.14 on 10/13/22, and Textron Inc will pay its quarterly dividend of $0.02 on 10/1/22. As a percentage of EXPO's recent stock price of $93.57, this dividend works out to approximately 0.26%, so look for shares of Exponent Inc. to trade 0.26% lower — all else being equal — when EXPO shares open for trading on 9/8/22. Similarly, investors should look for ICFI to open 0.14% lower in price and for TXT to open 0.03% lower, all else being equal.
Below are dividend history charts for EXPO, ICFI, and TXT, showing historical dividends prior to the most recent ones declared.
Exponent Inc. (Symbol: EXPO):
ICF International Inc (Symbol: ICFI):
Textron Inc (Symbol: TXT):
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 1.03% for Exponent Inc., 0.56% for ICF International Inc, and 0.13% for Textron Inc.
In Tuesday trading, Exponent Inc. shares are currently up about 1.4%, ICF International Inc shares are off about 0.1%, and Textron Inc shares are up about 0.2% 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.
