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26 June
Ex-Dividend Reminder: FMC, Nucor and Valmont Industries

Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, FMC Corp. (Symbol: FMC), Nucor Corp. (Symbol: NUE), and Valmont Industries Inc (Symbol: VMI) will all trade ex-dividend for their respective upcoming dividends. FMC Corp. will pay its quarterly dividend of $0.58 on 7/18/24, Nucor Corp. will pay its quarterly dividend of $0.54 on 8/9/24, and Valmont Industries Inc will pay its quarterly dividend of $0.60 on 7/15/24. As a percentage of FMC's recent stock price of $56.52, this dividend works out to approximately 1.03%, so look for shares of FMC Corp. to trade 1.03% lower — all else being equal — when FMC shares open for trading on 6/28/24. Similarly, investors should look for NUE to open 0.36% lower in price and for VMI to open 0.22% lower, all else being equal.

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

FMC Corp. (Symbol: FMC):

FMC+Dividend+History+Chart

Nucor Corp. (Symbol: NUE):

NUE+Dividend+History+Chart

Valmont Industries Inc (Symbol: VMI):

VMI+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 4.10% for FMC Corp., 1.43% for Nucor Corp., and 0.88% for Valmont Industries Inc.

In Wednesday trading, FMC Corp. shares are currently down about 1.1%, Nucor Corp. shares are down about 2.6%, and Valmont Industries Inc shares are off about 0.1% on the day.

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

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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.