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02 January
Ex-Dividend Reminder: Campbell Soup, Wabash National and Gentex

Looking at the universe of stocks we cover at Dividend Channel, on 1/3/24, Campbell Soup Co (Symbol: CPB), Wabash National Corp (Symbol: WNC), and Gentex Corp. (Symbol: GNTX) will all trade ex-dividend for their respective upcoming dividends. Campbell Soup Co will pay its quarterly dividend of $0.37 on 1/29/24, Wabash National Corp will pay its quarterly dividend of $0.08 on 1/25/24, and Gentex Corp. will pay its quarterly dividend of $0.12 on 1/17/24. As a percentage of CPB's recent stock price of $43.23, this dividend works out to approximately 0.86%, so look for shares of Campbell Soup Co to trade 0.86% lower — all else being equal — when CPB shares open for trading on 1/3/24. Similarly, investors should look for WNC to open 0.31% lower in price and for GNTX to open 0.37% lower, all else being equal.

Below are dividend history charts for CPB, WNC, and GNTX, showing historical dividends prior to the most recent ones declared.

Campbell Soup Co (Symbol: CPB):

Wabash National Corp (Symbol: WNC):

Gentex Corp. (Symbol: GNTX):

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 3.42% for Campbell Soup Co, 1.25% for Wabash National Corp, and 1.47% for Gentex Corp..

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In Tuesday trading, Campbell Soup Co shares are currently up about 0.6%, Wabash National Corp shares are off about 0.5%, and Gentex Corp. shares are down about 0.8% 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.