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Looking at the universe of stocks we cover at Dividend Channel, on 2/20/24, Xylem Inc (Symbol: XYL), Herc Holdings Inc (Symbol: HRI), and DHT Holdings Inc (Symbol: DHT) will all trade ex-dividend for their respective upcoming dividends. Xylem Inc will pay its quarterly dividend of $0.36 on 3/20/24, Herc Holdings Inc will pay its quarterly dividend of $0.665 on 3/7/24, and DHT Holdings Inc will pay its quarterly dividend of $0.22 on 2/28/24. As a percentage of XYL's recent stock price of $124.42, this dividend works out to approximately 0.29%, so look for shares of Xylem Inc to trade 0.29% lower — all else being equal — when XYL shares open for trading on 2/20/24. Similarly, investors should look for HRI to open 0.44% lower in price and for DHT to open 1.88% lower, all else being equal.

Below are dividend history charts for XYL, HRI, and DHT, showing historical dividends prior to the most recent ones declared.

Xylem Inc (Symbol: XYL):

Herc Holdings Inc (Symbol: HRI):

DHT Holdings Inc (Symbol: DHT):

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 1.16% for Xylem Inc, 1.77% for Herc Holdings Inc, and 7.53% for DHT Holdings Inc.

In Friday trading, Xylem Inc shares are currently up about 0.2%, Herc Holdings Inc shares are up about 5%, and DHT Holdings Inc shares are up about 3.4% 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.