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12 March
Ex-Dividend Reminder: Teck Resources, Ferguson and Royal BK Scotland Group

Looking at the universe of stocks we cover at Dividend Channel, on 3/14/24, Teck Resources Ltd (Symbol: TECK), Ferguson PLC (Symbol: FERG), and Royal BK Scotland Group plc (Symbol: RBSPF) will all trade ex-dividend for their respective upcoming dividends. Teck Resources Ltd will pay its quarterly dividend of $0.125 on 3/28/24, Ferguson PLC will pay its quarterly dividend of $0.79 on 5/7/24, and Royal BK Scotland Group plc will pay its semi-annual dividend of $0.115 on 4/29/24. As a percentage of TECK's recent stock price of $41.51, this dividend works out to approximately 0.30%, so look for shares of Teck Resources Ltd to trade 0.30% lower — all else being equal — when TECK shares open for trading on 3/14/24. Similarly, investors should look for FERG to open 0.40% lower in price and for RBSPF to open 3.68% lower, all else being equal.

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

Teck Resources Ltd (Symbol: TECK):

TECK+Dividend+History+Chart

Ferguson PLC (Symbol: FERG):

FERG+Dividend+History+Chart

Royal BK Scotland Group plc (Symbol: RBSPF):

RBSPF+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 1.20% for Teck Resources Ltd, 1.59% for Ferguson PLC, and 7.36% for Royal BK Scotland Group plc.

In Tuesday trading, Teck Resources Ltd shares are currently up about 0.4%, Ferguson PLC shares are up about 0.1%, and Royal BK Scotland Group plc shares are down about 2.6% 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.