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Looking at the universe of stocks we cover at Dividend Channel, on 1/9/24, Brady Corp (Symbol: BRC), AT&T Inc (Symbol: T), and Verizon Communications Inc (Symbol: VZ) will all trade ex-dividend for their respective upcoming dividends. Brady Corp will pay its quarterly dividend of $0.235 on 1/31/24, AT&T Inc will pay its quarterly dividend of $0.2775 on 2/1/24, and Verizon Communications Inc will pay its quarterly dividend of $0.665 on 2/1/24. As a percentage of BRC's recent stock price of $60.20, this dividend works out to approximately 0.39%, so look for shares of Brady Corp to trade 0.39% lower — all else being equal — when BRC shares open for trading on 1/9/24. Similarly, investors should look for T to open 1.62% lower in price and for VZ to open 1.69% lower, all else being equal.

Below are dividend history charts for BRC, T, and VZ, showing historical dividends prior to the most recent ones declared.

Brady Corp (Symbol: BRC):

AT&T Inc (Symbol: T):

Verizon Communications Inc (Symbol: VZ):

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 1.56% for Brady Corp, 6.47% for AT&T Inc, and 6.76% for Verizon Communications Inc.

In Friday trading, Brady Corp shares are currently down about 0.6%, AT&T Inc shares are down about 0.5%, and Verizon Communications Inc shares are up about 0.5% 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.