Looking at the universe of stocks we cover at Dividend Channel, on 2/9/22, Rollins, Inc. (Symbol: ROL), Matson Inc (Symbol: MATX), and Mueller Water Products Inc (Symbol: MWA) will all trade ex-dividend for their respective upcoming dividends. Rollins, Inc. will pay its quarterly dividend of $0.10 on 3/10/22, Matson Inc will pay its quarterly dividend of $0.30 on 3/3/22, and Mueller Water Products Inc will pay its quarterly dividend of $0.058 on 2/21/22. As a percentage of ROL's recent stock price of $30.72, this dividend works out to approximately 0.33%, so look for shares of Rollins, Inc. to trade 0.33% lower — all else being equal — when ROL shares open for trading on 2/9/22. Similarly, investors should look for MATX to open 0.33% lower in price and for MWA to open 0.45% lower, all else being equal.
Below are dividend history charts for ROL, MATX, and MWA, showing historical dividends prior to the most recent ones declared.
Rollins, Inc. (Symbol: ROL):
Matson Inc (Symbol: MATX):
Mueller Water Products Inc (Symbol: MWA):
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 1.30% for Rollins, Inc., 1.33% for Matson Inc, and 1.78% for Mueller Water Products Inc.
In Monday trading, Rollins, Inc. shares are currently up about 0.9%, Matson Inc shares are up about 0.4%, and Mueller Water Products Inc shares are up about 1.4% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
