Looking at the universe of stocks we cover at Dividend Channel, on 6/6/14, TELUS Corp. , Symantec Corp. , and Booz Allen Hamilton Holding Corp. will all trade ex-dividend for their respective upcoming dividends. TELUS Corp. will pay its quarterly dividend of $0.38 on 7/2/14, Symantec Corp. will pay its quarterly dividend of $0.15 on 6/25/14, and Booz Allen Hamilton Holding Corp. will pay its quarterly dividend of $0.11 on 6/30/14.
As a percentage of TU’s recent stock price of $38.38, this dividend works out to approximately 0.99%, so look for shares of TELUS Corp. to trade 0.99% lower — all else being equal — when TU shares open for trading on 6/6/14. Similarly, investors should look for SYMC to open 0.70% lower in price and for BAH to open 0.50% lower, all else being equal.
Below are dividend history charts for TU, SYMC, and BAH, showing historical dividends prior to the most recent ones declared.
TELUS Corp. :
Symantec Corp. :
Booz Allen Hamilton Holding 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 3.96% for TELUS Corp., 2.79% for Symantec Corp., and 1.99% for Booz Allen Hamilton Holding Corp..
In Wednesday trading, TELUS Corp. shares are currently down about 0.2%, Symantec Corp. shares are off about 0.7%, and Booz Allen Hamilton Holding Corp. shares are up about 0.1% on the day.