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Looking at the universe of stocks we cover at Dividend Channel, on 3/27/24, Lennox International Inc (Symbol: LII), CTS Corp (Symbol: CTS), and Deere & Co. (Symbol: DE) will all trade ex-dividend for their respective upcoming dividends. Lennox International Inc will pay its quarterly dividend of $1.10 on 4/15/24, CTS Corp will pay its quarterly dividend of $0.04 on 4/26/24, and Deere & Co. will pay its quarterly dividend of $1.47 on 5/8/24. As a percentage of LII's recent stock price of $493.85, this dividend works out to approximately 0.22%, so look for shares of Lennox International Inc to trade 0.22% lower — all else being equal — when LII shares open for trading on 3/27/24. Similarly, investors should look for CTS to open 0.09% lower in price and for DE to open 0.37% lower, all else being equal.

Below are dividend history charts for LII, CTS, and DE, showing historical dividends prior to the most recent ones declared.

Lennox International Inc (Symbol: LII):

CTS Corp (Symbol: CTS):

Deere & Co. (Symbol: DE):

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 0.89% for Lennox International Inc, 0.35% for CTS Corp, and 1.47% for Deere & Co..

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In Monday trading, Lennox International Inc shares are currently off about 1.1%, CTS Corp shares are down about 1.3%, and Deere & Co. shares are up about 0.3% 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.