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Ex-Dividend Reminder: PACCAR, Standard Motor Products and Kroger

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This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 8/13/14, PACCAR Inc. (NASD: PCAR), Standard Motor Products , Inc. (NYSE: SMP), and Kroger Co. (NYSE: KR) will all trade ex-dividend for their respective upcoming dividends. PACCAR Inc. will pay its quarterly dividend of $0.22 on 9/5/14, Standard Motor Products, Inc. will pay its quarterly dividend of $0.13 on 9/2/14, and Kroger Co. will pay its quarterly dividend of $0.165 on 9/1/14.

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As a percentage of PCAR's recent stock price of $62.23, this dividend works out to approximately 0.35%, so look for shares of PACCAR Inc. to trade 0.35% lower — all else being equal — when PCAR shares open for trading on 8/13/14. Similarly, investors should look for SMP to open 0.35% lower in price and for KR to open 0.33% lower, all else being equal.

Below are dividend history charts for PCAR, SMP, and KR, showing historical dividends prior to the most recent ones declared.

PACCAR Inc. (NASD: PCAR):

Standard Motor Products, Inc. (NYSE: SMP):

Kroger Co. (NYSE: KR):

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 1.41% for PACCAR Inc., 1.41% for Standard Motor Products, Inc., and 1.33% for Kroger Co..


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In Monday trading, PACCAR Inc. shares are currently up about 0.6%, Standard Motor Products, Inc. shares are off about 1.5%, and Kroger Co. shares are up about 0.6% on the day.