Looking at the universe of stocks we cover at Dividend Channel, on 2/26/15, Polaris Industries Inc. (NYSE: PII), CVR Partners LP (NYSE: UAN), and Nike (NYSE: NKE) will all trade ex-dividend for their respective upcoming dividends. Polaris Industries Inc. will pay its quarterly dividend of $0.53 on 3/16/15, CVR Partners LP will pay its quarterly dividend of $0.41 on 3/9/15, and Nike will pay its quarterly dividend of $0.28 on 4/6/15.
As a percentage of PII's recent stock price of $155.03, this dividend works out to approximately 0.34%, so look for shares of Polaris Industries Inc. to trade 0.34% lower — all else being equal — when PII shares open for trading on 2/26/15. Similarly, investors should look for UAN to open 2.83% lower in price and for NKE to open 0.29% lower, all else being equal.
Below are dividend history charts for PII, UAN, and NKE, showing historical dividends prior to the most recent ones declared.
Polaris Industries Inc. (NYSE: PII):
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 1.37% for Polaris Industries Inc., 11.31% for CVR Partners LP, and 1.18% for Nike.
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In Tuesday trading, Polaris Industries Inc. shares are currently down about 0.4%, CVR Partners LP shares are up about 0.7%, and Nike shares are up about 0.2% on the day.
