Looking at the universe of stocks we cover at Dividend Channel, Mantech International Corp (MANT), Automatic Data Processing (ADP) and TELUS Corp (TU) will all trade ex-dividend for their respective upcoming dividends on 9/7/16.
ManTech International will pay its annual dividend of 21 cents per share on 9/23/16, Automatic Data Processing will pay its quarterly dividend of 53 cents per share on 10/1/16, and TELUS will pay its quarterly dividend of 46 cents per share on 10/3/16.
As a percentage of MANT’s recent stock price of $40.89, this dividend works out to approximately 0.51%, so look for shares of ManTech International to trade 0.51% lower — all else being equal — when MANT shares open for trading on 9/7/16.
Similarly, investors should look for ADP to open 0.59% lower in price and for TU to open 1.36% lower, all else being equal.
Below are dividend history charts for MANT, ADP, and TU, showing historical dividends prior to the most recent ones declared.
ManTech International Corp :
Automatic Data Processing Inc. :
TELUS Corp. :
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 0.51% for ManTech International, 2.36% for Automatic Data Processing, and 5.42% for TELUS.