Looking at the universe of stocks we cover at Dividend Channel, Allegheny Technologies Incorporated (ATI), Tahoe Resources Inc (TAHO), and Carlisle Companies, Inc. (CSL) will all trade ex-dividend for their respective upcoming dividends on 8/16/16.
Allegheny Technologies will pay its quarterly dividend of 8 cents per share on 9/8/16, Tahoe Resources will pay its monthly dividend of 2 cents per share on 8/25/16, and Carlisle Companies will pay its quarterly dividend of 35 cents per share on 9/1/16.
As a percentage of ATI’s recent stock price of $17.35, this dividend works out to approximately 0.46%, so look for shares of Allegheny Technologies to trade 0.46% lower — all else being equal — when ATI shares open for trading on 8/16/16.
Similarly, investors should look for TAHO to open 0.12% lower in price and for CSL to open 0.33% lower, all else being equal.
Below are dividend history charts for ATI, TAHO, and CSL, 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 1.84% for Allegheny Technologies, 1.43% for Tahoe Resources, and 1.33% for Carlisle Companies.
In Friday trading, Allegheny Technologies shares are currently down about 1.3%, Tahoe Resources shares are up about 1.2%, and Carlisle Companies shares are off about 0.4% on the day.