Looking at the universe of stocks we cover at Dividend Channel, on 8/10/23, Astec Industries, Inc. (Symbol: ASTE), Columbus McKinnon Corp. (Symbol: CMCO), and MSCI Inc (Symbol: MSCI) will all trade ex-dividend for their respective upcoming dividends. Astec Industries, Inc. will pay its quarterly dividend of $0.13 on 8/31/23, Columbus McKinnon Corp. will pay its quarterly dividend of $0.07 on 8/21/23, and MSCI Inc will pay its quarterly dividend of $1.38 on 8/31/23. As a percentage of ASTE's recent stock price of $52.71, this dividend works out to approximately 0.25%, so look for shares of Astec Industries, Inc. to trade 0.25% lower — all else being equal — when ASTE shares open for trading on 8/10/23. Similarly, investors should look for CMCO to open 0.18% lower in price and for MSCI to open 0.25% lower, all else being equal.
Below are dividend history charts for ASTE, CMCO, and MSCI, showing historical dividends prior to the most recent ones declared.
Astec Industries, Inc. (Symbol: ASTE):
Columbus McKinnon Corp. (Symbol: CMCO):
MSCI Inc (Symbol: MSCI):
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 0.99% for Astec Industries, Inc., 0.73% for Columbus McKinnon Corp., and 1.01% for MSCI Inc.
In Tuesday trading, Astec Industries, Inc. shares are currently down about 1.6%, Columbus McKinnon Corp. shares are down about 1.6%, and MSCI Inc shares are down about 0.9% on the day.
Also see:
NAVG shares outstanding history ZMLP Videos
Teradyne MACD
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
