Looking at the universe of stocks we cover at Dividend Channel, Whirlpool Corporation (WHR), Finish Line Inc. (FL), and ONE Gas, Inc. (OGS) will all trade ex-dividend for their respective upcoming dividends on February 24, 2016.
Whirlpool will pay its quarterly dividend of 90 cents per share on 3/15/16, Finish Line will pay its quarterly dividend of 10 cents per share on 3/14/16, and ONE Gas will pay its quarterly dividend of 35 cents per share on 3/11/16.
As a percentage of WHR’s recent stock price of $146.88, this dividend works out to approximately 0.61%, so look for shares of Whirlpool to trade 0.61% lower — all else being equal — when WHR stock opens for trading on 2/24/16.
Similarly, investors should look for Finish Line to open 0.54% lower in price and for ONE Gas to open 0.60% lower, all else being equal.
Below are dividend history charts for Whirlpool, Finish Line, and ONE Gas 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 2.45% for Whirlpool, 2.16% for Finish Line, and 2.40% for ONE Gas.