Looking at the universe of stocks we cover at Dividend Channel, Rayonier Inc. (NYSE:RYN), Ametek, Inc. (NYSE:AME) and The Western Union Company (NYSE:WU) all went ex-dividend on on Mar. 13 for their respective upcoming dividends.
Rayonier will pay its quarterly dividend of 25 cents per share on Mar. 31, Ametek will pay its quarterly dividend of 9 cents per share on Mar. 31 and Western Union will pay its quarterly dividend of 15.5 cents per share on Mar. 31.
As a percentage of RYN’s recent stock price of $26.94, this dividend works out to approximately 0.93%. So, investors should’ve looked for shares of Rayonier to trade 0.93% lower — all else being equal — when RYN shares opened for trading on Mar. 13. Similarly, investors should’ve looked for AME to open 0.18% lower in price and for WU to open 0.80% lower, all else being equal.
Below are dividend history charts for RYN, AME and WU, showing historical dividends prior to the most recent ones declared.
Rayonier Inc. (NYSE:RYN)
Ametek, Inc. (NYSE:AME)
The Western Union Company (NYSE:WU)
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.
Reviewing dividend history 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 3.71% for Rayonier, 0.7% for Ametek and 3.2% for Western Union.