Looking at the universe of stocks we cover at Dividend Channel, on 11/12/14, Linear Technology Corp. (NASD: LLTC), Jabil Circuit, Inc. (NYSE: JBL), and Applied Industrial Technologies, Inc. (NYSE: AIT) will all trade ex-dividend for their respective upcoming dividends. Linear Technology Corp. will pay its quarterly dividend of $0.27 on 11/26/14, Jabil Circuit, Inc. will pay its quarterly dividend of $0.08 on 12/1/14, and Applied Industrial Technologies, Inc. will pay its quarterly dividend of $0.25 on 11/28/14.
As a percentage of LLTC's recent stock price of $43.50, this dividend works out to approximately 0.62%, so look for shares of Linear Technology Corp. to trade 0.62% lower — all else being equal — when LLTC shares open for trading on 11/12/14. Similarly, investors should look for JBL to open 0.38% lower in price and for AIT to open 0.51% lower, all else being equal.
Below are dividend history charts for LLTC, JBL, and AIT, showing historical dividends prior to the most recent ones declared.
Linear Technology Corp. (NASD: LLTC):
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 2.48% for Linear Technology Corp., 1.50% for Jabil Circuit, Inc., and 2.03% for Applied Industrial Technologies, Inc..
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In Monday trading, Linear Technology Corp. shares are currently up about 0.3%, Jabil Circuit, Inc. shares are up about 0.7%, and Applied Industrial Technologies, Inc. shares are down about 0.1% on the day.
