Ex-Dividend Reminder: Minerals Technologies, Terra Nitrogen and Scotts Miracle-Gro

Looking at the universe of stocks we cover at Dividend Channel, on 2/19/14, Minerals Technologies, Inc. (MTX), Terra Nitrogen Co., L.P. (TNH), and Scotts Miracle-Gro Co (SMG) will all trade ex-dividend for their respective upcoming dividends. Minerals Technologies, Inc. will pay its quarterly dividend of $0.05 on 3/12/14, Terra Nitrogen Co., L.P. will pay its quarterly dividend of $2.10 on 2/28/14, and Scotts Miracle-Gro Co will pay its quarterly dividend of $0.4375 on 3/10/14.

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As a percentage of MTX's recent stock price of $53.40, this dividend works out to approximately 0.09%, so look for shares of Minerals Technologies, Inc. to trade 0.09% lower — all else being equal — when MTX shares open for trading on 2/19/14. Similarly, investors should look for TNH to open 1.28% lower in price and for SMG to open 0.76% lower, all else being equal.

Below are dividend history charts for MTX, TNH, and SMG, showing historical dividends prior to the most recent ones declared.

Minerals Technologies, Inc. (MTX):

MTX+Dividend+History+Chart

Terra Nitrogen Co., L.P. (TNH):

TNH+Dividend+History+Chart

Scotts Miracle-Gro Co (SMG):

SMG+Dividend+History+Chart

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 0.37% for Minerals Technologies, Inc., 5.12% for Terra Nitrogen Co., L.P., and 3.03% for Scotts Miracle-Gro Co .

In Tuesday trading, Minerals Technologies, Inc. shares are currently trading flat, Terra Nitrogen Co., L.P. shares are off about 1%, and Scotts Miracle-Gro Co shares are up about 0.3% on the day.

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