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Looking at the universe of stocks we cover at Dividend Channel, on 3/27/24, Stantec Inc (Symbol: STN), Canadian Pacific Kansas City Ltd (Symbol: CP), and Flowserve Corp (Symbol: FLS) will all trade ex-dividend for their respective upcoming dividends. Stantec Inc will pay its quarterly dividend of $0.21 on 4/15/24, Canadian Pacific Kansas City Ltd will pay its quarterly dividend of $0.19 on 4/29/24, and Flowserve Corp will pay its quarterly dividend of $0.21 on 4/12/24. As a percentage of STN's recent stock price of $85.92, this dividend works out to approximately 0.24%, so look for shares of Stantec Inc to trade 0.24% lower — all else being equal — when STN shares open for trading on 3/27/24. Similarly, investors should look for CP to open 0.21% lower in price and for FLS to open 0.46% lower, all else being equal.

Below are dividend history charts for STN, CP, and FLS, showing historical dividends prior to the most recent ones declared.

Stantec Inc (Symbol: STN):

Canadian Pacific Kansas City Ltd (Symbol: CP):

Flowserve Corp (Symbol: FLS):

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 0.98% for Stantec Inc, 0.85% for Canadian Pacific Kansas City Ltd, and 1.84% for Flowserve Corp.

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In Monday trading, Stantec Inc shares are currently off about 0.2%, Canadian Pacific Kansas City Ltd shares are off about 0.8%, and Flowserve Corp shares are off about 0.7% 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.