Looking at the universe of stocks we cover at Dividend Channel, on 7/28/23, Texas Instruments Inc. (Symbol: TXN), Simulations Plus Inc (Symbol: SLP), and Brinks Co (Symbol: BCO) will all trade ex-dividend for their respective upcoming dividends. Texas Instruments Inc. will pay its quarterly dividend of $1.24 on 8/15/23, Simulations Plus Inc will pay its quarterly dividend of $0.06 on 8/7/23, and Brinks Co will pay its quarterly dividend of $0.22 on 9/1/23. As a percentage of TXN's recent stock price of $176.97, this dividend works out to approximately 0.70%, so look for shares of Texas Instruments Inc. to trade 0.70% lower — all else being equal — when TXN shares open for trading on 7/28/23. Similarly, investors should look for SLP to open 0.13% lower in price and for BCO to open 0.32% lower, all else being equal.
Below are dividend history charts for TXN, SLP, and BCO, showing historical dividends prior to the most recent ones declared.
Texas Instruments Inc. (Symbol: TXN):
Simulations Plus Inc (Symbol: SLP):
Brinks Co (Symbol: BCO):
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 2.80% for Texas Instruments Inc., 0.51% for Simulations Plus Inc, and 1.30% for Brinks Co.
In Wednesday trading, Texas Instruments Inc. shares are currently off about 4.9%, Simulations Plus Inc shares are up about 0.7%, and Brinks Co shares are down about 0.8% on the day.
Also see:
FLYW Historical Stock Prices DWM Average Annual Return
COL YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
