Looking at the universe of stocks we cover at Dividend Channel, on 11/12/14, Corning, Inc. (NYSE: GLW), United Technologies Corp. (NYSE: UTX), and Emerson Electric Co. (NYSE: EMR) will all trade ex-dividend for their respective upcoming dividends. Corning, Inc. will pay its quarterly dividend of $0.10 on 12/12/14, United Technologies Corp. will pay its quarterly dividend of $0.59 on 12/10/14, and Emerson Electric Co. will pay its quarterly dividend of $0.47 on 12/10/14.
As a percentage of GLW's recent stock price of $20.68, this dividend works out to approximately 0.48%, so look for shares of Corning, Inc. to trade 0.48% lower — all else being equal — when GLW shares open for trading on 11/12/14. Similarly, investors should look for UTX to open 0.54% lower in price and for EMR to open 0.72% lower, all else being equal.
Below are dividend history charts for GLW, UTX, and EMR, showing historical dividends prior to the most recent ones declared.
Corning, Inc. (NYSE: GLW):
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 1.93% for Corning, Inc., 2.17% for United Technologies Corp., and 2.90% for Emerson Electric Co..
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In Monday trading, Corning, Inc. shares are currently up about 0.7%, United Technologies Corp. shares are down about 0.1%, and Emerson Electric Co. shares are up about 0.1% on the day.