Looking at the universe of stocks we cover at Dividend Channel, on 11/10/17, American Airlines Group Inc (NASD: AAL), Astec Industries, Inc. (NASD: ASTE), and Rockwell Automation, Inc. (NYSE: ROK) will all trade ex-dividend for their respective upcoming dividends. American Airlines Group Inc will pay its quarterly dividend of $0.10 on 11/27/17, Astec Industries, Inc. will pay its quarterly dividend of $0.10 on 11/29/17, and Rockwell Automation, Inc. will pay its quarterly dividend of $0.835 on 12/11/17.
As a percentage of AAL’s recent stock price of $46.33, this dividend works out to approximately 0.22%, so look for shares of American Airlines Group Inc to trade 0.22% lower — all else being equal — when AAL shares open for trading on 11/10/17. Similarly, investors should look for ASTE to open 0.19% lower in price and for ROK to open 0.43% lower, all else being equal.
Below are dividend history charts for AAL, ASTE, and ROK, showing historical dividends prior to the most recent ones declared.
American Airlines Group Inc (NASD: AAL):
Astec Industries, Inc. (NASD: ASTE):
Rockwell Automation, Inc. (NYSE: ROK):
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 0.86% for American Airlines Group Inc, 0.77% for Astec Industries, Inc., and 1.72% for Rockwell Automation, Inc..
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Wednesday trading, American Airlines Group Inc shares are currently off about 0.3%, Astec Industries, Inc. shares are trading flat, and Rockwell Automation, Inc. shares are down about 3.5% on the day.