Looking at the universe of stocks we cover at Dividend Channel, Orange (ORAN), Kimberly-Clark Corp (KMB) and PepsiCo (PEP) will all trade ex-dividend on June 3 for their respective upcoming dividends.
Orange will pay its semi-annual dividend of 45.42 cents per share on June 29, PepsiCo will pay its quarterly dividend of 70.25 cents per share on June 30 and Kimberly-Clark Corp will pay its quarterly dividend of 88 cents per share on July 2.
As a percentage of ORAN’s recent stock price of $16.03, this dividend works out to approximately 2.83%. So, look for shares of Orange to trade 2.83% lower — all else being equal — when ORAN shares open for trading on June 3. Similarly, investors should look for KMB to open 0.81% lower in price and for PEP to open 0.73% lower, all else being equal.
Below are charts for ORAN, KMB and PEP showing dividend history prior to the most recent ones declared.
Kimberly-Clark Corp (KMB)
In general, dividends are not always predictable as they can follow the ups and downs of company profits over time. Therefore, a good first step of due diligence in forming an expectation of annual yield going forward is looking at the history above for a sense of stability over time.
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 4.44% for Orange, 3.23% for Kimberly-Clark Corp and 2.93% for PepsiCo.
In Monday trading, Orange shares were up about 1.8%, Kimberly-Clark Corp shares were up about 0.1% and PepsiCo shares were down about 0.2% on the day.