Looking at the universe of stocks we cover at Dividend Channel, on 2/3/15, Adtran, Inc. (NASD: ADTN), ArcBest Corp (NASD: ARCB), and Franklin Electric Co., Inc. (NASD: FELE) will all trade ex-dividend for their respective upcoming dividends. Adtran, Inc. will pay its quarterly dividend of $0.09 on 2/19/15, ArcBest Corp will pay its quarterly dividend of $0.06 on 2/19/15, and Franklin Electric Co., Inc. will pay its quarterly dividend of $0.09 on 2/19/15.
As a percentage of ADTN's recent stock price of $22.55, this dividend works out to approximately 0.40%, so look for shares of Adtran, Inc. to trade 0.40% lower — all else being equal — when ADTN shares open for trading on 2/3/15. Similarly, investors should look for ARCB to open 0.15% lower in price and for FELE to open 0.26% lower, all else being equal.
Below are dividend history charts for ADTN, ARCB, and FELE, showing historical dividends prior to the most recent ones declared.
Adtran, Inc. (NASD: ADTN):
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 1.60% for Adtran, Inc., 0.62% for ArcBest Corp, and 1.03% for Franklin Electric Co., Inc..
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In Friday trading, Adtran, Inc. shares are currently off about 0.2%, ArcBest Corp shares are down about 2.4%, and Franklin Electric Co., Inc. shares are up about 1% on the day.
