Looking at the universe of stocks we cover at Dividend Channel, on 8/15/14, Alaska Air Group, Inc. (NYSE: ALK), Timken Co. (NYSE: TKR), and Bunge Ltd. (NYSE: BG) will all trade ex-dividend for their respective upcoming dividends. Alaska Air Group, Inc. will pay its quarterly dividend of $0.125 on 9/4/14, Timken Co. will pay its quarterly dividend of $0.25 on 9/3/14, and Bunge Ltd. will pay its quarterly dividend of $0.34 on 9/2/14.
As a percentage of ALK's recent stock price of $43.81, this dividend works out to approximately 0.29%, so look for shares of Alaska Air Group, Inc. to trade 0.29% lower — all else being equal — when ALK shares open for trading on 8/15/14. Similarly, investors should look for TKR to open 0.55% lower in price and for BG to open 0.41% lower, all else being equal.
Below are dividend history charts for ALK, TKR, and BG, showing historical dividends prior to the most recent ones declared.
Alaska Air Group, Inc. (NYSE: ALK):
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 1.14% for Alaska Air Group, Inc., 2.19% for Timken Co. , and 1.66% for Bunge Ltd..
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In Wednesday trading, Alaska Air Group, Inc. shares are currently up about 0.3%, Timken Co. shares are up about 0.6%, and Bunge Ltd. shares are trading flat on the day.
