Looking at the universe of stocks we cover at Dividend Channel, on 2/19/14, Textainer Group Holdings Ltd (TGH), Snap-On, Inc. (SNA), and General Electric Co (GE) will all trade ex-dividend for their respective upcoming dividends. Textainer Group Holdings Ltd will pay its quarterly dividend of $0.47 on 3/4/14, Snap-On, Inc. will pay its quarterly dividend of $0.44 on 3/10/14, and General Electric Co will pay its quarterly dividend of $0.22 on 4/25/14.
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As a percentage of TGH's recent stock price of $36.57, this dividend works out to approximately 1.29%, so look for shares of Textainer Group Holdings Ltd to trade 1.29% lower — all else being equal — when TGH shares open for trading on 2/19/14. Similarly, investors should look for SNA to open 0.40% lower in price and for GE to open 0.85% lower, all else being equal.
Below are dividend history charts for TGH, SNA, and GE, showing historical dividends prior to the most recent ones declared.
Textainer Group Holdings Ltd (TGH)
Snap-On, Inc. (SNA)
General Electric Co (GE)
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 5.14% for Textainer Group Holdings Ltd, 1.61% for Snap-On, Inc., and 3.40% for General Electric Co.