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Ex-Dividend Reminder: ManpowerGroup, NRG Yield and Harris

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Looking at the universe of stocks we cover at Dividend Channel, on 5/29/14, ManpowerGroup (NYSE: MAN), NRG Yield Inc (NYSE: NYLD), and Harris Corp. (NYSE: HRS) will all trade ex-dividend for their respective upcoming dividends. ManpowerGroup will pay its semi-annual dividend of $0.49 on 6/16/14, NRG Yield Inc will pay its quarterly dividend of $0.35 on 6/16/14, and Harris Corp. will pay its quarterly dividend of $0.42 on 6/13/14.

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As a percentage of MAN's recent stock price of $81.90, this dividend works out to approximately 0.60%, so look for shares of ManpowerGroup to trade 0.60% lower — all else being equal — when MAN shares open for trading on 5/29/14. Similarly, investors should look for NYLD to open 0.77% lower in price and for HRS to open 0.54% lower, all else being equal.

Below are dividend history charts for MAN, NYLD, and HRS, showing historical dividends prior to the most recent ones declared.

ManpowerGroup (NYSE: MAN):

NRG Yield Inc (NYSE: NYLD):

Harris Corp. (NYSE: HRS):

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 1.20% for ManpowerGroup, 3.07% for NRG Yield Inc, and 2.17% for Harris Corp..


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In Tuesday trading, ManpowerGroup shares are currently up about 0.1%, NRG Yield Inc shares are up about 0.9%, and Harris Corp. shares are up about 0.7% on the day.