Looking at the universe of stocks we cover at Dividend Channel, on 12/4/15, Donaldson (DCI) will trade ex-dividend, for its quarterly dividend of 17 cents per share, payable on 12/23/15.
As a percentage of DCI’s recent stock price of $30.85, this dividend works out to approximately 0.55%, so look for shares of Donaldson to trade 0.55% lower — all else being equal — when DCI shares open for trading on 12/4/15.
Below is a dividend history chart for DCI, showing historical dividends prior to the most recent 17 cents per share declared by Donaldson:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DCI is likely to continue, and whether the current estimated yield of 2.20% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of DCI shares, versus its 200 day moving average:
Looking at the chart above, DCI’s low point in its 52 week range is $26.36 per share, with $39.49 as the 52 week high point — that compares with a last trade of $30.88.
According to the ETF Finder at ETF Channel, DCI makes up 3.73% of the Environmental Services ETF.
In Wednesday trading, Donaldson shares were down about 0.3% on the day.
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