Looking at the universe of stocks we cover at Dividend Channel, on 11/12/14, Wabtec Corp. (NYSE: WAB), Brinks Co (NYSE: BCO), and AGCO Corp. (NYSE: AGCO) will all trade ex-dividend for their respective upcoming dividends. Wabtec Corp. will pay its quarterly dividend of $0.06 on 11/28/14, Brinks Co will pay its quarterly dividend of $0.10 on 12/1/14, and AGCO Corp. will pay its quarterly dividend of $0.11 on 12/15/14.
As a percentage of WAB's recent stock price of $90.39, this dividend works out to approximately 0.07%, so look for shares of Wabtec Corp. to trade 0.07% lower — all else being equal — when WAB shares open for trading on 11/12/14. Similarly, investors should look for BCO to open 0.46% lower in price and for AGCO to open 0.24% lower, all else being equal.
Below are dividend history charts for WAB, BCO, and AGCO, showing historical dividends prior to the most recent ones declared.
Wabtec Corp. (NYSE: WAB):
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 0.27% for Wabtec Corp., 1.85% for Brinks Co , and 0.97% for AGCO Corp..
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In Monday trading, Wabtec Corp. shares are currently up about 1.2%, Brinks Co shares are up about 0.4%, and AGCO Corp. shares are off about 0.1% on the day.
