Looking at the universe of stocks we cover at Dividend Channel, on 11/13/13, Questar Corp. (NYSE: STR), Teleflex Incorporated (NYSE: TFX), and Eli Lilly & Co. (NYSE: LLY) will all trade ex-dividend for their respective upcoming dividends. Questar Corp. will pay its quarterly dividend of $0.18 on 12/9/13, Teleflex Incorporated will pay its quarterly dividend of $0.34 on 12/13/13, and Eli Lilly & Co. will pay its quarterly dividend of $0.49 on 12/10/13.
As a percentage of STR's recent stock price of $22.90, this dividend works out to approximately 0.79%, so look for shares of Questar Corp. to trade 0.79% lower — all else being equal — when STR shares open for trading on 11/13/13. Similarly, investors should look for TFX to open 0.36% lower in price and for LLY to open 0.98% lower, all else being equal.
Below are dividend history charts for STR, TFX, and LLY, showing historical dividends prior to the most recent ones declared.
Questar Corp. (NYSE: STR):
Teleflex Incorporated (NYSE: TFX):
Eli Lilly & Co. (NYSE: LLY):
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 3.14% for Questar Corp., 1.46% for Teleflex Incorporated, and 3.93% for Eli Lilly & Co..
In Monday trading, Questar Corp. shares are currently up about 0.2%, Teleflex Incorporated shares are up about 0.5%, and Eli Lilly & Co. shares are off about 1.5% on the day.
