Looking at the universe of stocks we cover at Dividend Channel, on 11/12/15, Jabil Circuit (JBL) , Applied Industrial Technologies (AIT) and L-3 Communications (LLL) will all trade ex-dividend for their respective upcoming dividends.
Jabil Circuit will pay its quarterly dividend of 8 cents per share on 12/1/15, Applied Industrial will pay its quarterly dividend of 27 cents per share on 11/30/15, and L-3 Communications will pay its quarterly dividend of 65 cents per shareon 12/15/15.
As a percentage of JBL’s recent stock price of $23.49, this dividend works out to approximately 0.34%, so look for shares of Jabil Circuit to trade 0.34% lower — all else being equal — when JBL shares open for trading on 11/12/15.
Similarly, investors should look for AIT to open 0.64% lower in price and for LLL to open 0.54% lower, all else being equal.
Below are dividend history charts for JBL, AIT, and LLL, showing historical dividends prior to the most recent ones declared.
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 1.36% for Jabil Circuit, 2.57% for Applied Industrial, and 2.15% for L-3.