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13 June
Ex-Dividend Reminder: Teck Resources, Paramount Global and Garmin

Looking at the universe of stocks we cover at Dividend Channel, on 6/17/24, Teck Resources Ltd (Symbol: TECK), Paramount Global - Class A (Symbol: PARAA), and Garmin Ltd (Symbol: GRMN) will all trade ex-dividend for their respective upcoming dividends. Teck Resources Ltd will pay its quarterly dividend of $0.125 on 6/28/24, Paramount Global - Class A will pay its quarterly dividend of $0.05 on 7/1/24, and Garmin Ltd will pay its quarterly dividend of $0.75 on 6/28/24. As a percentage of TECK's recent stock price of $47.99, this dividend works out to approximately 0.26%, so look for shares of Teck Resources Ltd to trade 0.26% lower — all else being equal — when TECK shares open for trading on 6/17/24. Similarly, investors should look for PARAA to open 0.26% lower in price and for GRMN to open 0.46% lower, all else being equal.

Below are dividend history charts for TECK, PARAA, and GRMN, showing historical dividends prior to the most recent ones declared.

Teck Resources Ltd (Symbol: TECK):

TECK+Dividend+History+Chart

Paramount Global - Class A (Symbol: PARAA):

PARAA+Dividend+History+Chart

Garmin Ltd (Symbol: GRMN):

GRMN+Dividend+History+Chart

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 1.04% for Teck Resources Ltd, 1.04% for Paramount Global - Class A, and 1.83% for Garmin Ltd.

In Thursday trading, Teck Resources Ltd shares are currently down about 0.5%, Paramount Global - Class A shares are down about 2.2%, and Garmin Ltd shares are up about 1.6% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:

BLX Historical Stock Prices
MO MACD
MNTK shares outstanding history

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