Looking at the universe of stocks we cover at Dividend Channel, on 11/12/14, Cliffs Natural Resources, Inc. (NYSE: CLF), Foresight Energy LP (NYSE: FELP), and Sherwin-Williams Co. (NYSE: SHW) will all trade ex-dividend for their respective upcoming dividends. Cliffs Natural Resources, Inc. will pay its quarterly dividend of $0.15 on 12/1/14, Foresight Energy LP will pay its quarterly dividend of $0.35 on 11/25/14, and Sherwin-Williams Co. will pay its quarterly dividend of $0.55 on 12/5/14.
As a percentage of CLF's recent stock price of $11.38, this dividend works out to approximately 1.32%, so look for shares of Cliffs Natural Resources, Inc. to trade 1.32% lower — all else being equal — when CLF shares open for trading on 11/12/14. Similarly, investors should look for FELP to open 1.82% lower in price and for SHW to open 0.23% lower, all else being equal.
Below are dividend history charts for CLF, FELP, and SHW, showing historical dividends prior to the most recent ones declared.
Cliffs Natural Resources, Inc. (NYSE: CLF):
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 5.27% for Cliffs Natural Resources, Inc., 7.26% for Foresight Energy LP, and 0.93% for Sherwin-Williams Co..
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In Monday trading, Cliffs Natural Resources, Inc. shares are currently up about 1.9%, Foresight Energy LP shares are up about 1.4%, and Sherwin-Williams Co. shares are down about 0.1% on the day.
