Looking at the universe of stocks we cover at Dividend Channel, on 11/24/14, Integrys Energy Group Inc (NYSE: TEG), Steris Corp. (NYSE: STE), and Sun Life Financial Inc (NYSE: SLF) will all trade ex-dividend for their respective upcoming dividends. Integrys Energy Group Inc will pay its quarterly dividend of $0.68 on 12/19/14, Steris Corp. will pay its quarterly dividend of $0.23 on 12/23/14, and Sun Life Financial Inc will pay its quarterly dividend of $0.36 on 12/31/14.
As a percentage of TEG's recent stock price of $72.97, this dividend works out to approximately 0.93%, so look for shares of Integrys Energy Group Inc to trade 0.93% lower — all else being equal — when TEG shares open for trading on 11/24/14. Similarly, investors should look for STE to open 0.37% lower in price and for SLF to open 0.98% lower, all else being equal.
Below are dividend history charts for TEG, STE, and SLF, showing historical dividends prior to the most recent ones declared.
Integrys Energy Group Inc (NYSE: TEG):
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 3.73% for Integrys Energy Group Inc, 1.50% for Steris Corp., and 3.93% for Sun Life Financial Inc.
Special Offer: Find out what Dave Moenning is holding in the Top 5 Portfolio with a free 30 day trial offer from Forbes.
In Thursday trading, Integrys Energy Group Inc shares are currently off about 0.2%, Steris Corp. shares are down about 1.1%, and Sun Life Financial Inc shares are up about 0.3% on the day.
