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Ex-Dividend Reminder: Interface, Aircastle and Brooks Automation

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This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 3/4/15, Interface Inc. (NASD: TILE), Aircastle Ltd. (NYSE: AYR), and Brooks Automation Inc (NASD: BRKS) will all trade ex-dividend for their respective upcoming dividends. Interface Inc. will pay its quarterly dividend of $0.04 on 3/20/15, Aircastle Ltd. will pay its quarterly dividend of $0.22 on 3/13/15, and Brooks Automation Inc will pay its quarterly dividend of $0.10 on 3/27/15.

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As a percentage of TILE's recent stock price of $20.25, this dividend works out to approximately 0.20%, so look for shares of Interface Inc. to trade 0.20% lower — all else being equal — when TILE shares open for trading on 3/4/15. Similarly, investors should look for AYR to open 0.95% lower in price and for BRKS to open 0.82% lower, all else being equal.

Below are dividend history charts for TILE, AYR, and BRKS, showing historical dividends prior to the most recent ones declared.

Interface Inc. (NASD: TILE):

Aircastle Ltd. (NYSE: AYR):

Brooks Automation Inc (NASD: BRKS):

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 0.79% for Interface Inc., 3.80% for Aircastle Ltd., and 3.30% for Brooks Automation Inc.


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In Monday trading, Interface Inc. shares are currently up about 0.3%, Aircastle Ltd. shares are up about 0.3%, and Brooks Automation Inc shares are up about 1.1% on the day.