Looking at the universe of stocks we cover at Dividend Channel, on 10/20/16, Caterpillar Inc. (NYSE: CAT), A. Schulman, Inc. (NASD: SHLM), and Vermilion Energy Inc. (NYSE: VET) will all trade ex-dividend for their respective upcoming dividends. Caterpillar Inc. will pay its quarterly dividend of $0.77 on 11/19/16, A. Schulman, Inc. will pay its quarterly dividend of $0.205 on 11/4/16, and Vermilion Energy Inc. will pay its monthly dividend of $0.215 on 11/15/16.
As a percentage of CAT's recent stock price of $87.50, this dividend works out to approximately 0.88%, so look for shares of Caterpillar Inc. to trade 0.88% lower — all else being equal — when CAT shares open for trading on 10/20/16. Similarly, investors should look for SHLM to open 0.73% lower in price and for VET to open 0.53% lower, all else being equal.
Below are dividend history charts for CAT, SHLM, and VET, showing historical dividends prior to the most recent ones declared.
Caterpillar Inc. (NYSE: CAT):
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 3.52% for Caterpillar Inc., 2.91% for A. Schulman, Inc., and 6.39% for Vermilion Energy Inc..
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In Tuesday trading, Caterpillar Inc. shares are currently up about 0.2%, A. Schulman, Inc. shares are up about 0.9%, and Vermilion Energy Inc. shares are up about 1.3% on the day.
