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Ex-Dividend Reminder: WD-40, Hersha Hospitality Trust and Torchmark Corp.

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Looking at the universe of stocks we cover at Dividend Channel, on 12/31/14, WD-40 Co. (NASD: WDFC), Hersha Hospitality Trust (NYSE: HT), and Torchmark Corp. (NYSE: TMK) will all trade ex-dividend for their respective upcoming dividends. WD-40 Co. will pay its quarterly dividend of $0.38 on 1/30/15, Hersha Hospitality Trust will pay its quarterly dividend of $0.07 on 1/15/15, and Torchmark Corp. will pay its quarterly dividend of $0.1267 on 1/30/15.

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As a percentage of WDFC's recent stock price of $85.39, this dividend works out to approximately 0.45%, so look for shares of WD-40 Co. to trade 0.45% lower — all else being equal — when WDFC shares open for trading on 12/31/14. Similarly, investors should look for HT to open 0.96% lower in price and for TMK to open 0.23% lower, all else being equal.

Below are dividend history charts for WDFC, HT, and TMK, showing historical dividends prior to the most recent ones declared.

WD-40 Co. (NASD: WDFC):

Hersha Hospitality Trust (NYSE: HT):

Torchmark Corp. (NYSE: TMK):

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 1.78% for WD-40 Co., 3.85% for Hersha Hospitality Trust, and 0.91% for Torchmark Corp..


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In Monday trading, WD-40 Co. shares are currently up about 0.4%, Hersha Hospitality Trust shares are up about 0.3%, and Torchmark Corp. shares are up about 0.4% on the day.