Looking at the universe of stocks we cover at Dividend Channel, Eastman Chemical Company (EMN), Huntsman Corporation (HUN), and NewMarket Corporation (NEU) will all trade ex-dividend for their respective upcoming dividends on June 13, 2016.
Eastman Chemical will pay its quarterly dividend of 46 cents per share on 7/1/16, and Huntsman will pay its quarterly dividend of 12.5 cents per share on 6/30/16, and NeWMarket will pay its quarterly dividend of $1.60 per share on 7/1/16.
As a percentage of EMN’s recent stock price of $72.34, this dividend works out to approximately 0.64%, so look for shares of Eastman Chemical to trade 0.64% lower — all else being equal — when EMN shares open for trading on 6/13/16.
Similarly, investors should look for HUN to open 0.77% lower, and NEU to open 0.30% lower, all else being equal.
Below are dividend history charts for EMN, NEU, and HUN, 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 2.54% for Eastman Chemical, 3.07% for Huntsman, and 1.56% for NewMarket.
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