Looking at the universe of stocks we cover at Dividend Channel, on Feb. 27, Jack Henry & Associates, Inc. (NASDAQ:JKHY), Juniper Networks, Inc. (NYSE:JNPR) and Tal International Group, Inc. (NYSE:TAL) will all trade ex-dividend for their respective upcoming dividends.
Jack Henry & Associates will pay its quarterly dividend of 25 cents per share on Mar. 18, Juniper Networks will pay its quarterly dividend of 10 cents per share on Mar. 24 and Tal International Group will also pay its quarterly dividend of 72 cents per share on Mar. 24.
As a percentage of JKHY’s recent stock price of $67.23, this dividend works out to approximately 0.37%. So, look for shares of Jack Henry & Associates to trade 0.37% lower — all else being equal — when JKHY shares open for trading on Feb. 27. Similarly, investors should look for JNPR to open 0.41% lower in price and for TAL to open 1.7% lower, all else being equal.
Below are dividend history charts for JKHY, JNPR and TAL, showing historical dividends prior to the most recent ones declared.
Jack Henry & Associates, Inc. (NASDAQ:JKHY)
Juniper Networks, Inc. (NYSE:JNPR)
Tal International Group, Inc. (NYSE:TAL)
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 the dividends do continue, the current estimated yields on annualized basis would be 1.49% for Jack Henry & Associates, 1.63% for Juniper Networks and 6.79% for Tal International Group.
In Wednesday trading, Jack Henry & Associates stock is currently trading flat, Juniper Networks stock is up about 0.1% and Tal International Group stock is up about 0.3% on the day.