Looking at the universe of stocks we cover at Dividend Channel, on 5/21/15, Brunswick Corp. (NYSE: BC), Callaway Golf Co. (NYSE: ELY), and Hershey Company (NYSE: HSY) will all trade ex-dividend for their respective upcoming dividends. Brunswick Corp. will pay its quarterly dividend of $0.125 on 6/15/15, Callaway Golf Co. will pay its quarterly dividend of $0.01 on 6/16/15, and Hershey Company will pay its quarterly dividend of $0.535 on 6/15/15.
As a percentage of BC's recent stock price of $53.19, this dividend works out to approximately 0.24%, so look for shares of Brunswick Corp. to trade 0.24% lower — all else being equal — when BC shares open for trading on 5/21/15. Similarly, investors should look for ELY to open 0.11% lower in price and for HSY to open 0.56% lower, all else being equal.
Below are dividend history charts for BC, ELY, and HSY, showing historical dividends prior to the most recent ones declared.
Brunswick Corp. (NYSE: BC):
In general, dividend paying stocks 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 0.94% for Brunswick Corp., 0.42% for Callaway Golf Co. , and 2.25% for Hershey Company .
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In Tuesday trading, Brunswick Corp. shares are currently down about 0.4%, Callaway Golf Co. shares are down about 2.1%, and Hershey Company shares are down about 0.3% on the day.
