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Ex-Dividend Reminder: Newell Rubbermaid, Westlake Chemical and TransAlta

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Looking at the universe of stocks we cover at Dividend Channel, on 5/27/15, Newell Rubbermaid, Inc. (NYSE: NWL), Westlake Chemical Corp (NYSE: WLK), and TransAlta Corp. (NYSE: TAC) will all trade ex-dividend for their respective upcoming dividends. Newell Rubbermaid, Inc. will pay its quarterly dividend of $0.19 on 6/15/15, Westlake Chemical Corp will pay its quarterly dividend of $0.165 on 6/12/15, and TransAlta Corp. will pay its quarterly dividend of $0.18 on 7/1/15.

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As a percentage of NWL's recent stock price of $40.08, this dividend works out to approximately 0.47%, so look for shares of Newell Rubbermaid, Inc. to trade 0.47% lower — all else being equal — when NWL shares open for trading on 5/27/15. Similarly, investors should look for WLK to open 0.23% lower in price and for TAC to open 2.02% lower, all else being equal.

Below are dividend history charts for NWL, WLK, and TAC, showing historical dividends prior to the most recent ones declared.

Newell Rubbermaid, Inc. (NYSE: NWL):

Westlake Chemical Corp (NYSE: WLK):

TransAlta Corp. (NYSE: TAC):

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 1.90% for Newell Rubbermaid, Inc., 0.93% for Westlake Chemical Corp, and 8.10% for TransAlta Corp..


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In Tuesday trading, Newell Rubbermaid, Inc. shares are currently trading flat, Westlake Chemical Corp shares are off about 1.4%, and TransAlta Corp. shares are down about 1% on the day.