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Ex-Dividend Reminder: Gfl Environmental, Hormel Foods and PNC Financial Services Group

By Dividend Channel Staff, Wednesday, January 12, 10:06 AM ET

On 1/14/22, Gfl Environmental Inc Subordinate Voting Shares (NYSE:GFL), Hormel Foods Corp. (NYSE:HRL), and PNC Financial Services Group (NYSE:PNC) will all trade ex-dividend for their respective upcoming dividends. Gfl Environmental Inc Subordinate Voting Shares will pay its quarterly dividend of $0.011 on 1/31/22, Hormel Foods Corp. will pay its quarterly dividend of $0.26 on 2/15/22, and PNC Financial Services Group will pay its quarterly dividend of $1.25 on 2/5/22.

As a percentage of GFL's recent stock price of $34.98, this dividend works out to approximately 0.03%, so look for shares of Gfl Environmental Inc Subordinate Voting Shares to trade 0.03% lower — all else being equal — when GFL shares open for trading on 1/14/22. Similarly, investors should look for HRL to open 0.53% lower in price and for PNC to open 0.56% lower, all else being equal.

Below are dividend history charts for GFL, HRL, and PNC, showing historical dividends prior to the most recent ones declared.

Gfl Environmental Inc Subordinate Voting Shares (NYSE:GFL):

Hormel Foods Corp. (NYSE:HRL):

PNC Financial Services Group (NYSE:PNC):

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 0.13% for Gfl Environmental Inc Subordinate Voting Shares, 2.10% for Hormel Foods Corp., and 2.24% for PNC Financial Services Group.


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In Wednesday trading, Gfl Environmental Inc Subordinate Voting Shares shares are currently up about 0.8%, Hormel Foods Corp. shares are down about 0.6%, and PNC Financial Services Group shares are down about 0.2% on the day.


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