Looking at the universe of stocks we cover at Dividend Channel , on 10/9/18, AT&T Inc (Symbol: T), Brady Corp (Symbol: BRC), and Raytheon Co. (Symbol: RTN) will all trade ex-dividend for their respective upcoming dividends. AT&T Inc will pay its quarterly dividend of $0.50 on 11/1/18, Brady Corp will pay its quarterly dividend of $0.2125 on 10/31/18, and Raytheon Co. will pay its quarterly dividend of $0.8675 on 11/8/18. As a percentage of T's recent stock price of $34.16, this dividend works out to approximately 1.46%, so look for shares of AT&T Inc to trade 1.46% lower - all else being equal - when T shares open for trading on 10/9/18. Similarly, investors should look for BRC to open 0.49% lower in price and for RTN to open 0.42% lower, all else being equal.Below are dividend history charts for T, BRC, and RTN, showing historical dividends prior to the most recent ones declared. AT&T Inc (Symbol: T) :
Brady Corp (Symbol: BRC) :
Raytheon Co. (Symbol: RTN) :
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 5.85% for AT&T Inc, 1.97% for Brady Corp, and 1.66% for Raytheon Co.. In Friday trading, AT&T Inc shares are currently up about 0.1%, Brady Corp shares are up about 0.1%, and Raytheon Co. shares are up about 0.2% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.