Ex-Dividend Reminder: Cintas, Jabil and Powell IndustriesBy Dividend Channel Staff, Friday, November 10, 10:22 AM ETOn 11/14/23, Cintas Corporation (NASDAQ:CTAS), Jabil Inc (NYSE:JBL), and Powell Industries, Inc. (NASDAQ:POWL) will all trade ex-dividend for their respective upcoming dividends. Cintas Corporation will pay its quarterly dividend of $1.35 on 12/15/23, Jabil Inc will pay its quarterly dividend of $0.08 on 12/4/23, and Powell Industries, Inc. will pay its quarterly dividend of $0.2625 on 12/13/23. As a percentage of CTAS's recent stock price of $525.98, this dividend works out to approximately 0.26%, so look for shares of Cintas Corporation to trade 0.26% lower — all else being equal — when CTAS shares open for trading on 11/14/23. Similarly, investors should look for JBL to open 0.06% lower in price and for POWL to open 0.31% lower, all else being equal. Below are dividend history charts for CTAS, JBL, and POWL, showing historical dividends prior to the most recent ones declared. Cintas Corporation (NASDAQ:CTAS): Jabil Inc (NYSE:JBL): Powell Industries, Inc. (NASDAQ:POWL): 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 1.03% for Cintas Corporation, 0.25% for Jabil Inc, and 1.26% for Powell Industries, Inc.. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation. In Friday trading, Cintas Corporation shares are currently off about 0.1%, Jabil Inc shares are up about 0.5%, and Powell Industries, Inc. shares are up about 0.5% on the day.
This Article's Word Cloud:
Arial
CTAS
Cintas
Corporation
Industries
Jabil
POWL
Powell
about
afterLeftLabels
axisColor
background
beforeLeftLabels
bkgImage
bottomBuffer
bottomLabels
bottomTableHeight
chartBackgroundColor
clientId
dividend
dividends
document
escape
fillBelowLine
fillColor
fontFace
fontSize
gridBackgroundColor
gridColor
gridLocation
height
labelColor
labelSide
left
leftBuffer
leftLabelsEvery
lineColors
lineThicknesses
lower
movingAverageColors
movingAverages
open
period
prevCloseColor
quarterly
recent
rightBuffer
shares
showHighsLows
will
|