Looking at the universe of stocks we cover at Dividend Channel, on 12/16/24, Greif Inc (Symbol: GEF), Quanex Building Products Corp (Symbol: NX), and Pembina Pipeline Corp (Symbol: PBA) will all trade ex-dividend for their respective upcoming dividends. Greif Inc will pay its quarterly dividend of $0.54 on 1/1/25, Quanex Building Products Corp will pay its quarterly dividend of $0.08 on 12/31/24, and Pembina Pipeline Corp will pay its quarterly dividend of $0.69 on 12/31/24. As a percentage of GEF's recent stock price of $68.38, this dividend works out to approximately 0.79%, so look for shares of Greif Inc to trade 0.79% lower — all else being equal — when GEF shares open for trading on 12/16/24. Similarly, investors should look for NX to open 0.27% lower in price and for PBA to open 1.77% lower, all else being equal.
Below are dividend history charts for GEF, NX, and PBA, showing historical dividends prior to the most recent ones declared.
Greif Inc (Symbol: GEF):
Quanex Building Products Corp (Symbol: NX):
Pembina Pipeline Corp (Symbol: PBA):
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 3.16% for Greif Inc, 1.09% for Quanex Building Products Corp, and 7.09% for Pembina Pipeline Corp.
In Thursday trading, Greif Inc shares are currently off about 0.1%, Quanex Building Products Corp shares are up about 1.7%, and Pembina Pipeline Corp shares are down about 0.1% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
