Looking at the universe of stocks we cover at Dividend Channel, on 5/29/15, CenturyLink, Inc. (NYSE: CTL), Juniper Networks Inc (NYSE: JNPR), and Teradyne, Inc. (NYSE: TER) will all trade ex-dividend for their respective upcoming dividends. CenturyLink, Inc. will pay its quarterly dividend of $0.54 on 6/16/15, Juniper Networks Inc will pay its quarterly dividend of $0.10 on 6/23/15, and Teradyne, Inc. will pay its quarterly dividend of $0.06 on 6/26/15.
As a percentage of CTL's recent stock price of $33.72, this dividend works out to approximately 1.60%, so look for shares of CenturyLink, Inc. to trade 1.60% lower — all else being equal — when CTL shares open for trading on 5/29/15. Similarly, investors should look for JNPR to open 0.36% lower in price and for TER to open 0.29% lower, all else being equal.
Below are dividend history charts for CTL, JNPR, and TER, showing historical dividends prior to the most recent ones declared.
CenturyLink, Inc. (NYSE: CTL):
In general, dividend paying stocks 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 6.41% for CenturyLink, Inc., 1.46% for Juniper Networks Inc, and 1.16% for Teradyne, Inc..
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In Wednesday trading, CenturyLink, Inc. shares are currently up about 0.4%, Juniper Networks Inc shares are up about 1.8%, and Teradyne, Inc. shares are up about 0.4% on the day.
