Looking at the universe of stocks we cover at Dividend Channel, on 11/24/17, CenturyLink Inc (NYSE: CTL), MKS Instruments Inc (NASD: MKSI), and Matthews International Corp (NASD: MATW) will all trade ex-dividend for their respective upcoming dividends. CenturyLink Inc will pay its quarterly dividend of $0.54 on 12/11/17, MKS Instruments Inc will pay its quarterly dividend of $0.18 on 12/8/17, and Matthews International Corp will pay its quarterly dividend of $0.19 on 12/11/17.
As a percentage of CTL’s recent stock price of $14.42, this dividend works out to approximately 3.74%, so look for shares of CenturyLink Inc to trade 3.74% lower — all else being equal — when CTL shares open for trading on 11/24/17. Similarly, investors should look for MKSI to open 0.17% lower in price and for MATW to open 0.35% lower, all else being equal.
Below are dividend history charts for CTL, MKSI, and MATW, showing historical dividends prior to the most recent ones declared.
CenturyLink Inc (NYSE: CTL):
MKS Instruments Inc (NASD: MKSI):
Matthews International Corp (NASD: MATW):
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 14.98% for CenturyLink Inc, 0.69% for MKS Instruments Inc, and 1.41% for Matthews International Corp.
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In Wednesday trading, CenturyLink Inc shares are currently off about 0.8%, MKS Instruments Inc shares are off about 0.4%, and Matthews International Corp shares are up about 0.4% on the day.