Looking at the universe of stocks we cover at Dividend Channel, on 11/6/14, Astec Industries, Inc. (NASD: ASTE), Booz Allen Hamilton Holding Corp. (NYSE: BAH), and Terex Corp. (NYSE: TEX) will all trade ex-dividend for their respective upcoming dividends. Astec Industries, Inc. will pay its quarterly dividend of $0.10 on 11/28/14, Booz Allen Hamilton Holding Corp. will pay its quarterly dividend of $0.11 on 11/28/14, and Terex Corp. will pay its quarterly dividend of $0.05 on 12/19/14.
As a percentage of ASTE's recent stock price of $37.47, this dividend works out to approximately 0.27%, so look for shares of Astec Industries, Inc. to trade 0.27% lower — all else being equal — when ASTE shares open for trading on 11/6/14. Similarly, investors should look for BAH to open 0.41% lower in price and for TEX to open 0.17% lower, all else being equal.
Below are dividend history charts for ASTE, BAH, and TEX, showing historical dividends prior to the most recent ones declared.
Astec Industries, Inc. (NASD: ASTE):
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 1.07% for Astec Industries, Inc., 1.65% for Booz Allen Hamilton Holding Corp., and 0.70% for Terex Corp..
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In Tuesday trading, Astec Industries, Inc. shares are currently down about 0.5%, Booz Allen Hamilton Holding Corp. shares are up about 0.6%, and Terex Corp. shares are off about 1.1% on the day.
