Looking at the universe of stocks we cover at Dividend Channel, on 8/6/14, Interface Inc. (NASD: TILE), Navios Maritime Partners LP (NYSE: NMM), and Alcoa, Inc. (NYSE: AA) will all trade ex-dividend for their respective upcoming dividends. Interface Inc. will pay its quarterly dividend of $0.04 on 8/22/14, Navios Maritime Partners LP will pay its quarterly dividend of $0.4425 on 8/13/14, and Alcoa, Inc. will pay its quarterly dividend of $0.03 on 8/25/14.
As a percentage of TILE's recent stock price of $16.16, this dividend works out to approximately 0.25%, so look for shares of Interface Inc. to trade 0.25% lower — all else being equal — when TILE shares open for trading on 8/6/14. Similarly, investors should look for NMM to open 2.25% lower in price and for AA to open 0.18% lower, all else being equal.
Below are dividend history charts for TILE, NMM, and AA, showing historical dividends prior to the most recent ones declared.
Interface Inc. (NASD: TILE):
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 0.99% for Interface Inc., 9.01% for Navios Maritime Partners LP, and 0.72% for Alcoa, Inc..
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In Monday trading, Interface Inc. shares are currently up about 1%, Navios Maritime Partners LP shares are up about 0.1%, and Alcoa, Inc. shares are up about 1.6% on the day.
