Looking at the universe of stocks we cover at Dividend Channel, on 10/31/14, Coca-Cola FEMSA, S.A.B. de C.V. (NYSE: KOF), Waste Connections, Inc. (NYSE: WCN), and Universal Truckload Services Inc (NASD: UACL) will all trade ex-dividend for their respective upcoming dividends. Coca-Cola FEMSA, S.A.B. de C.V. will pay its annual dividend of $1.0772 on 11/17/14, Waste Connections, Inc. will pay its quarterly dividend of $0.13 on 11/18/14, and Universal Truckload Services Inc will pay its quarterly dividend of $0.07 on 11/13/14.
As a percentage of KOF's recent stock price of $104.05, this dividend works out to approximately 1.04%, so look for shares of Coca-Cola FEMSA, S.A.B. de C.V. to trade 1.04% lower — all else being equal — when KOF shares open for trading on 10/31/14. Similarly, investors should look for WCN to open 0.26% lower in price and for UACL to open 0.27% lower, all else being equal.
Below are dividend history charts for KOF, WCN, and UACL, showing historical dividends prior to the most recent ones declared.
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE: KOF):
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 1.04% for Coca-Cola FEMSA, S.A.B. de C.V., 1.05% for Waste Connections, Inc., and 1.08% for Universal Truckload Services Inc.
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In Wednesday trading, Coca-Cola FEMSA, S.A.B. de C.V. shares are currently off about 0.3%, Waste Connections, Inc. shares are up about 0.1%, and Universal Truckload Services Inc shares are off about 0.2% on the day.
