Looking at the universe of stocks we cover at Dividend Channel, on 9/3/14, Jack Henry & Associates, Inc. (NASD: JKHY), Arm Holdings plc (NASD: ARMH), and Analog Devices, Inc. (NASD: ADI) will all trade ex-dividend for their respective upcoming dividends. Jack Henry & Associates, Inc. will pay its quarterly dividend of $0.22 on 9/26/14, Arm Holdings plc will pay its semi-annual dividend of $0.1284 on 10/14/14, and Analog Devices, Inc. will pay its quarterly dividend of $0.37 on 9/17/14.
As a percentage of JKHY's recent stock price of $57.74, this dividend works out to approximately 0.38%, so look for shares of Jack Henry & Associates, Inc. to trade 0.38% lower — all else being equal — when JKHY shares open for trading on 9/3/14. Similarly, investors should look for ARMH to open 0.26% lower in price and for ADI to open 0.72% lower, all else being equal.
Below are dividend history charts for JKHY, ARMH, and ADI, showing historical dividends prior to the most recent ones declared.
Jack Henry & Associates, Inc. (NASD: JKHY):
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 1.52% for Jack Henry & Associates, Inc., 0.53% for Arm Holdings plc, and 2.89% for Analog Devices, Inc..
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In Tuesday trading, Jack Henry & Associates, Inc. shares are currently down about 0.1%, Arm Holdings plc shares are up about 0.6%, and Analog Devices, Inc. shares are trading flat on the day.
