Looking at the universe of stocks we cover at Dividend Channel, on 9/3/14, Teradyne, Inc. (NYSE: TER), Kansas City Southern (NYSE: KSU), and Brooks Automation Inc (NASD: BRKS) will all trade ex-dividend for their respective upcoming dividends. Teradyne, Inc. will pay its quarterly dividend of $0.06 on 9/26/14, Kansas City Southern will pay its quarterly dividend of $0.28 on 10/8/14, and Brooks Automation Inc will pay its quarterly dividend of $0.10 on 9/26/14.
As a percentage of TER's recent stock price of $20.74, this dividend works out to approximately 0.29%, so look for shares of Teradyne, Inc. to trade 0.29% lower — all else being equal — when TER shares open for trading on 9/3/14. Similarly, investors should look for KSU to open 0.24% lower in price and for BRKS to open 0.88% lower, all else being equal.
Below are dividend history charts for TER, KSU, and BRKS, showing historical dividends prior to the most recent ones declared.
Teradyne, Inc. (NYSE: TER):
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 1.16% for Teradyne, Inc., 0.97% for Kansas City Southern, and 3.51% for Brooks Automation Inc.
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In Tuesday trading, Teradyne, Inc. shares are currently up about 0.7%, Kansas City Southern shares are up about 0.4%, and Brooks Automation Inc shares are up about 0.5% on the day.
