Looking at the universe of stocks we cover at Dividend Channel, on 8/28/14, Valspar Corp. (NYSE: VAL), Ball Corp (NYSE: BLL), and Deltic Timber Corp. (NYSE: DEL) will all trade ex-dividend for their respective upcoming dividends. Valspar Corp. will pay its quarterly dividend of $0.26 on 9/15/14, Ball Corp will pay its quarterly dividend of $0.13 on 9/16/14, and Deltic Timber Corp. will pay its quarterly dividend of $0.10 on 9/16/14.
As a percentage of VAL's recent stock price of $80.96, this dividend works out to approximately 0.32%, so look for shares of Valspar Corp. to trade 0.32% lower — all else being equal — when VAL shares open for trading on 8/28/14. Similarly, investors should look for BLL to open 0.20% lower in price and for DEL to open 0.15% lower, all else being equal.
Below are dividend history charts for VAL, BLL, and DEL, showing historical dividends prior to the most recent ones declared.
Valspar Corp. (NYSE: VAL):
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 1.28% for Valspar Corp., 0.82% for Ball Corp, and 0.59% for Deltic Timber Corp..
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In Tuesday trading, Valspar Corp. shares are currently up about 0.2%, Ball Corp shares are up about 0.6%, and Deltic Timber Corp. shares are up about 0.2% on the day.
