Looking at the universe of stocks we cover at Dividend Channel, on 3/9/15,
As a percentage of FDX's recent stock price of $174.35, this dividend works out to approximately 0.11%, so look for shares of FedEx Corp to trade 0.11% lower — all else being equal — when FDX shares open for trading on 3/9/15. Similarly, investors should look for ATI to open 0.56% lower in price and for PTEN to open 0.54% lower, all else being equal.
Below are dividend history charts for FDX, ATI, and PTEN, showing historical dividends prior to the most recent ones declared.
FedEx Corp (NYSE: FDX):
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 0.46% for FedEx Corp, 2.22% for Allegheny Technologies, Inc, and 2.18% for Patterson-UTI Energy Inc..
Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation from Forbes.
In Thursday trading, FedEx Corp shares are currently down about 0.1%, Allegheny Technologies, Inc shares are down about 1.7%, and Patterson-UTI Energy Inc. shares are off about 1.1% on the day.
