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Looking at the universe of stocks we cover at Dividend Channel, on 6/29/23, Algonquin Power & Utilities Corp (Symbol: AQN), National Fuel Gas Co. (Symbol: NFG), and Stryker Corp (Symbol: SYK) will all trade ex-dividend for their respective upcoming dividends. Algonquin Power & Utilities Corp will pay its quarterly dividend of $0.1085 on 7/14/23, National Fuel Gas Co. will pay its quarterly dividend of $0.495 on 7/14/23, and Stryker Corp will pay its quarterly dividend of $0.75 on 7/31/23. As a percentage of AQN's recent stock price of $8.30, this dividend works out to approximately 1.31%, so look for shares of Algonquin Power & Utilities Corp to trade 1.31% lower — all else being equal — when AQN shares open for trading on 6/29/23. Similarly, investors should look for NFG to open 0.98% lower in price and for SYK to open 0.25% lower, all else being equal.

Below are dividend history charts for AQN, NFG, and SYK, showing historical dividends prior to the most recent ones declared.

Algonquin Power & Utilities Corp (Symbol: AQN):

National Fuel Gas Co. (Symbol: NFG):

Stryker Corp (Symbol: SYK):

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 5.23% for Algonquin Power & Utilities Corp, 3.94% for National Fuel Gas Co., and 1.01% for Stryker Corp.

In Tuesday trading, Algonquin Power & Utilities Corp shares are currently up about 0.1%, National Fuel Gas Co. shares are up about 0.1%, and Stryker Corp shares are up about 0.2% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.