Looking at the universe of stocks we cover at Dividend Channel, on 12/2/15, Precision Castparts (PCP), Calgon Carbon (CCC), and HollyFrontier (HFC) will all trade ex-dividend for their respective upcoming dividends.
Precision Castparts will pay its quarterly dividend of 3 cents per share on 1/4/16, Calgon Carbon will pay its quarterly dividend of 5 cents per share on 12/15/15, and HollyFrontier will pay its quarterly dividend of 33 cents per share on 12/30/15.
As a percentage of PCP’s recent stock price of $231.55, this dividend works out to approximately 0.01%, so look for shares of Precision Castparts to trade 0.01% lower — all else being equal — when PCP shares open for trading on 12/2/15.
Similarly, investors should look for CCC to open 0.30% lower in price and for HFC to open 0.66% lower, all else being equal.
Below are dividend history charts for PCP, CCC, and HFC, 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 0.05% for Precision Castparts, 1.19% for Calgon Carbon, and 2.64% for HollyFrontier.
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