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Ex-Dividend Reminder: Johnson & Johnson, Teva Pharmaceutical Industries and Prudential Financial

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Looking at the universe of stocks we cover at Dividend Channel, on 5/20/16, Johnson & Johnson (NYSE: JNJ), Teva Pharmaceutical Industries Ltd (NYSE: TEVA), and Prudential Financial , Inc. (NYSE: PRU) will all trade ex-dividend for their respective upcoming dividends. Johnson & Johnson will pay its quarterly dividend of $0.80 on 6/7/16, Teva Pharmaceutical Industries Ltd will pay its quarterly dividend of $0.34 on 6/7/16, and Prudential Financial, Inc. will pay its quarterly dividend of $0.70 on 6/16/16.

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As a percentage of JNJ's recent stock price of $113.27, this dividend works out to approximately 0.71%, so look for shares of Johnson & Johnson to trade 0.71% lower — all else being equal — when JNJ shares open for trading on 5/20/16. Similarly, investors should look for TEVA to open 0.66% lower in price and for PRU to open 0.92% lower, all else being equal.

Below are dividend history charts for JNJ, TEVA, and PRU, showing historical dividends prior to the most recent ones declared.

Johnson & Johnson (NYSE: JNJ):

Teva Pharmaceutical Industries Ltd (NYSE: TEVA):

Prudential Financial, Inc. (NYSE: PRU):

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 2.83% for Johnson & Johnson, 2.63% for Teva Pharmaceutical Industries Ltd, and 3.66% for Prudential Financial, Inc..


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In Wednesday trading, Johnson & Johnson shares are currently down about 0.5%, Teva Pharmaceutical Industries Ltd shares are up about 0.5%, and Prudential Financial, Inc. shares are up about 0.7% on the day.