Looking at the universe of stocks we cover at Dividend Channel, on 5/15/13, HNI Corp (HNI) will trade ex-dividend, for its quarterly dividend of $0.24, payable on 5/31/13. As a percentage of HNI's recent stock price of $35.33, this dividend works out to approximately 0.68%, so look for shares of HNI Corp to trade 0.68% lower — all else being equal — when HNI shares open for trading on 5/15/13.
Below is a dividend history chart for HNI, showing historical dividends prior to the most recent $0.24 declared by HNI Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HNI is likely to continue, and whether the current estimated yield of 2.72% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HNI shares, versus its 200 day moving average:Looking at the chart above, HNI's low point in its 52 week range is $21.57 per share, with $35.74 as the 52 week high point — that compares with a last trade of $35.33.
In Monday trading, HNI Corp shares are currently down about 0.2% on the day.