News

Looking at the universe of stocks we cover at Dividend Channel, on 2/2/24, Brinks Co (Symbol: BCO), Acuity Brands Inc (Symbol: AYI), and Matthews International Corp (Symbol: MATW) will all trade ex-dividend for their respective upcoming dividends. Brinks Co will pay its quarterly dividend of $0.22 on 3/1/24, Acuity Brands Inc will pay its quarterly dividend of $0.15 on 2/14/24, and Matthews International Corp will pay its quarterly dividend of $0.24 on 2/19/24. As a percentage of BCO's recent stock price of $82.00, this dividend works out to approximately 0.27%, so look for shares of Brinks Co to trade 0.27% lower — all else being equal — when BCO shares open for trading on 2/2/24. Similarly, investors should look for AYI to open 0.06% lower in price and for MATW to open 0.70% lower, all else being equal.

Below are dividend history charts for BCO, AYI, and MATW, showing historical dividends prior to the most recent ones declared.

Brinks Co (Symbol: BCO):

Acuity Brands Inc (Symbol: AYI):

Matthews International Corp (Symbol: MATW):

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 1.07% for Brinks Co, 0.25% for Acuity Brands Inc, and 2.80% for Matthews International Corp.

In Wednesday trading, Brinks Co shares are currently down about 0.8%, Acuity Brands Inc shares are up about 0.8%, and Matthews International Corp shares are down about 0.6% on the day.

Also see:

WMCR Historical Stock Prices
ARBG market cap history
Institutional Holders of SLVO

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