Looking at the universe of stocks we cover at Dividend Channel, on 4/14/16, IDEX Corporation (NYSE: IEX), Werner Enterprises, Inc. (NASD: WERN), and RPM International Inc (NYSE: RPM) will all trade ex-dividend for their respective upcoming dividends. IDEX Corporation will pay its quarterly dividend of $0.34 on 4/29/16, Werner Enterprises, Inc. will pay its quarterly dividend of $0.06 on 5/3/16, and RPM International Inc will pay its quarterly dividend of $0.275 on 4/29/16.
As a percentage of IEX's recent stock price of $82.13, this dividend works out to approximately 0.41%, so look for shares of IDEX Corporation to trade 0.41% lower — all else being equal — when IEX shares open for trading on 4/14/16. Similarly, investors should look for WERN to open 0.23% lower in price and for RPM to open 0.56% lower, all else being equal.
Below are dividend history charts for IEX, WERN, and RPM, showing historical dividends prior to the most recent ones declared.
IDEX Corporation (NYSE: IEX):
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 1.66% for IDEX Corporation, 0.91% for Werner Enterprises, Inc., and 2.25% for RPM International Inc .
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In Tuesday trading, IDEX Corporation shares are currently up about 0.7%, Werner Enterprises, Inc. shares are up about 0.2%, and RPM International Inc shares are trading flat on the day.
