Looking at the universe of stocks we cover at Dividend Channel, on 11/26/14, Hyster-Yale Materials Handling, Inc. (NYSE: HY), Polaris Industries Inc. (NYSE: PII), and Kellogg Co (NYSE: K) will all trade ex-dividend for their respective upcoming dividends. Hyster-Yale Materials Handling, Inc. will pay its quarterly dividend of $0.275 on 12/16/14, Polaris Industries Inc. will pay its quarterly dividend of $0.48 on 12/15/14, and Kellogg Co will pay its quarterly dividend of $0.49 on 12/15/14.
As a percentage of HY's recent stock price of $76.57, this dividend works out to approximately 0.36%, so look for shares of Hyster-Yale Materials Handling, Inc. to trade 0.36% lower — all else being equal — when HY shares open for trading on 11/26/14. Similarly, investors should look for PII to open 0.31% lower in price and for K to open 0.75% lower, all else being equal.
Below are dividend history charts for HY, PII, and K, showing historical dividends prior to the most recent ones declared.
Hyster-Yale Materials Handling, Inc. (NYSE: HY):
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 1.44% for Hyster-Yale Materials Handling, Inc., 1.22% for Polaris Industries Inc., and 3.01% for Kellogg Co.
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In Monday trading, Hyster-Yale Materials Handling, Inc. shares are currently down about 0.2%, Polaris Industries Inc. shares are up about 0.8%, and Kellogg Co shares are down about 0.4% on the day.
