Looking at the universe of stocks we cover at Dividend Channel, on 8/14/14, Tronox Ltd (NYSE: TROX), Terra Nitrogen Co., L.P. (NYSE: TNH), and Carlisle Companies Inc. (NYSE: CSL) will all trade ex-dividend for their respective upcoming dividends. Tronox Ltd will pay its quarterly dividend of $0.25 on 9/3/14, Terra Nitrogen Co., L.P. will pay its quarterly dividend of $3.11 on 8/29/14, and Carlisle Companies Inc. will pay its quarterly dividend of $0.25 on 9/1/14.
As a percentage of TROX's recent stock price of $29.02, this dividend works out to approximately 0.86%, so look for shares of Tronox Ltd to trade 0.86% lower — all else being equal — when TROX shares open for trading on 8/14/14. Similarly, investors should look for TNH to open 1.97% lower in price and for CSL to open 0.31% lower, all else being equal.
Below are dividend history charts for TROX, TNH, and CSL, showing historical dividends prior to the most recent ones declared.
Tronox Ltd (NYSE: TROX):
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 3.45% for Tronox Ltd, 7.89% for Terra Nitrogen Co., L.P., and 1.24% for Carlisle Companies Inc..
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In Tuesday trading, Tronox Ltd shares are currently off about 0.3%, Terra Nitrogen Co., L.P. shares are up about 1.2%, and Carlisle Companies Inc. shares are off about 0.3% on the day.