Looking at the universe of stocks we cover at Dividend Channel, on 12/28/16, Windstream Holdings Inc (WIN), Granite Construction Inc. (GVA), and Steelcase, Inc. (SCS) will all trade ex-dividend for their respective upcoming dividends. Windstream Holdings Inc will pay its quarterly dividend of $0.15 on 1/17/17, Granite Construction Inc. will pay its quarterly dividend of $0.13 on 1/13/17, and Steelcase, Inc. will pay its quarterly dividend of $0.12 on 1/13/17.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

As a percentage of WIN's recent stock price of $7.93, this dividend works out to approximately 1.89%, so look for shares of Windstream Holdings Inc to trade 1.89% lower — all else being equal — when WIN shares open for trading on 12/28/16. Similarly, investors should look for GVA to open 0.23% lower in price and for SCS to open 0.68% lower, all else being equal.

Below are dividend history charts for WIN, GVA, and SCS, showing historical dividends prior to the most recent ones declared.

Windstream Holdings Inc (WIN):


Granite Construction Inc. (GVA):


Steelcase, Inc. (SCS):


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 7.56% for Windstream Holdings Inc, 0.92% for Granite Construction Inc., and 2.72% for Steelcase, Inc..

In Tuesday trading, Windstream Holdings Inc shares are currently up about 0.8%, Granite Construction Inc. shares are up about 0.4%, and Steelcase, Inc. shares are up about 0.3% on the day.