Looking at the universe of stocks we cover at Dividend Channel, on 5/25/16, Analog Devices, Inc. (NASD: ADI), MKS Instruments Inc (NASD: MKSI), and Herman Miller Inc. (NASD: MLHR) will all trade ex-dividend for their respective upcoming dividends. Analog Devices, Inc. will pay its quarterly dividend of $0.42 on 6/7/16, MKS Instruments Inc will pay its quarterly dividend of $0.17 on 6/10/16, and Herman Miller Inc. will pay its quarterly dividend of $0.1475 on 7/15/16.
As a percentage of ADI's recent stock price of $57.01, this dividend works out to approximately 0.74%, so look for shares of Analog Devices, Inc. to trade 0.74% lower — all else being equal — when ADI shares open for trading on 5/25/16. Similarly, investors should look for MKSI to open 0.45% lower in price and for MLHR to open 0.48% lower, all else being equal.
Below are dividend history charts for ADI, MKSI, and MLHR, showing historical dividends prior to the most recent ones declared.
Analog Devices, Inc. (NASD: ADI):
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 2.95% for Analog Devices, Inc., 1.79% for MKS Instruments Inc, and 1.94% for Herman Miller Inc..
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In Monday trading, Analog Devices, Inc. shares are currently up about 0.8%, MKS Instruments Inc shares are up about 1%, and Herman Miller Inc. shares are down about 0.2% on the day.
