Looking at the universe of stocks we cover at Dividend Channel, on 11/25/14, Triumph Group Inc. (NYSE: TGI), Herman Miller Inc. (NASD: MLHR), and CSX Corp. (NYSE: CSX) will all trade ex-dividend for their respective upcoming dividends. Triumph Group Inc. will pay its quarterly dividend of $0.04 on 12/15/14, Herman Miller Inc. will pay its quarterly dividend of $0.14 on 1/15/15, and CSX Corp. will pay its quarterly dividend of $0.16 on 12/15/14.
As a percentage of TGI's recent stock price of $68.59, this dividend works out to approximately 0.06%, so look for shares of Triumph Group Inc. to trade 0.06% lower — all else being equal — when TGI shares open for trading on 11/25/14. Similarly, investors should look for MLHR to open 0.45% lower in price and for CSX to open 0.43% lower, all else being equal.
Below are dividend history charts for TGI, MLHR, and CSX, showing historical dividends prior to the most recent ones declared.
Triumph Group Inc. (NYSE: TGI):
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 0.23% for Triumph Group Inc., 1.79% for Herman Miller Inc., and 1.71% for CSX Corp..
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In Friday trading, Triumph Group Inc. shares are currently up about 0.9%, Herman Miller Inc. shares are up about 0.7%, and CSX Corp. shares are up about 0.5% on the day.
