Looking at the universe of stocks we cover at Dividend Channel, on 6/26/14,
As a percentage of DE's recent stock price of $91.45, this dividend works out to approximately 0.66%, so look for shares of Deere to trade 0.66% lower — all else being equal — when DE shares open for trading on 6/26/14. Similarly, investors should look for TW to open 0.13% lower in price and for GVA to open 0.36% lower, all else being equal.
Below are dividend history charts for DE, TW, and GVA, showing historical dividends prior to the most recent ones declared.
Deere (NYSE: DE):
Towers Watson (NYSE: TW):
Granite Construction (NYSE: GVA):
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 2.62% for Deere, 0.53% for Towers Watson, and 1.44% for Granite Construction.
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In Tuesday trading, Deere shares are currently up about 0.1%, Towers Watson shares are up about 0.2%, and Granite Construction shares are down about 0.5% on the day.
