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Looking at the universe of stocks we cover at Dividend Channel, on 6/5/24, Avnet Inc (Symbol: AVT), Enpro Inc (Symbol: NPO), and Avery Dennison Corp (Symbol: AVY) will all trade ex-dividend for their respective upcoming dividends. Avnet Inc will pay its quarterly dividend of $0.31 on 6/18/24, Enpro Inc will pay its quarterly dividend of $0.30 on 6/20/24, and Avery Dennison Corp will pay its quarterly dividend of $0.88 on 6/20/24. As a percentage of AVT's recent stock price of $54.63, this dividend works out to approximately 0.57%, so look for shares of Avnet Inc to trade 0.57% lower — all else being equal — when AVT shares open for trading on 6/5/24. Similarly, investors should look for NPO to open 0.20% lower in price and for AVY to open 0.39% lower, all else being equal.

Below are dividend history charts for AVT, NPO, and AVY, showing historical dividends prior to the most recent ones declared.

Avnet Inc (Symbol: AVT):

Enpro Inc (Symbol: NPO):

Avery Dennison Corp (Symbol: AVY):

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 2.27% for Avnet Inc, 0.78% for Enpro Inc, and 1.55% for Avery Dennison Corp.

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In Monday trading, Avnet Inc shares are currently up about 0.1%, Enpro Inc shares are up about 3.9%, and Avery Dennison Corp shares are up about 1.8% on the day.

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Also see:

DENN Price Target
PQG Historical Stock Prices
ETFs Holding XRS

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