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Looking at the universe of stocks we cover at Dividend Channel, on 3/27/24, Steel Dynamics Inc. (Symbol: STLD), FMC Corp. (Symbol: FMC), and Valmont Industries Inc (Symbol: VMI) will all trade ex-dividend for their respective upcoming dividends. Steel Dynamics Inc. will pay its quarterly dividend of $0.46 on 4/12/24, FMC Corp. will pay its quarterly dividend of $0.58 on 4/18/24, and Valmont Industries Inc will pay its quarterly dividend of $0.60 on 4/15/24. As a percentage of STLD's recent stock price of $144.01, this dividend works out to approximately 0.32%, so look for shares of Steel Dynamics Inc. to trade 0.32% lower — all else being equal — when STLD shares open for trading on 3/27/24. Similarly, investors should look for FMC to open 0.93% lower in price and for VMI to open 0.27% lower, all else being equal.

Below are dividend history charts for STLD, FMC, and VMI, showing historical dividends prior to the most recent ones declared.

Steel Dynamics Inc. (Symbol: STLD):

FMC Corp. (Symbol: FMC):

Valmont Industries Inc (Symbol: VMI):

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 1.28% for Steel Dynamics Inc., 3.72% for FMC Corp., and 1.09% for Valmont Industries Inc.

In Monday trading, Steel Dynamics Inc. shares are currently up about 0.1%, FMC Corp. shares are off about 3.9%, and Valmont Industries Inc shares are up about 0.3% 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.