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Looking at the universe of stocks we cover at Dividend Channel, on 4/12/24, GFL Environmental Inc (Symbol: GFL), Qifu Technology Inc (Symbol: QFIN), and Hormel Foods Corp. (Symbol: HRL) will all trade ex-dividend for their respective upcoming dividends. GFL Environmental Inc will pay its quarterly dividend of $0.014 on 4/30/24, Qifu Technology Inc will pay its semi-annual dividend of $0.58 on 5/24/24, and Hormel Foods Corp. will pay its quarterly dividend of $0.2825 on 5/15/24. As a percentage of GFL's recent stock price of $35.22, this dividend works out to approximately 0.04%, so look for shares of GFL Environmental Inc to trade 0.04% lower — all else being equal — when GFL shares open for trading on 4/12/24. Similarly, investors should look for QFIN to open 2.90% lower in price and for HRL to open 0.80% lower, all else being equal.

Below are dividend history charts for GFL, QFIN, and HRL, showing historical dividends prior to the most recent ones declared.

GFL Environmental Inc (Symbol: GFL):

Qifu Technology Inc (Symbol: QFIN):

Hormel Foods Corp. (Symbol: HRL):

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 0.16% for GFL Environmental Inc, 5.80% for Qifu Technology Inc, and 3.20% for Hormel Foods Corp..

In Wednesday trading, GFL Environmental Inc shares are currently off about 0.5%, Qifu Technology Inc shares are up about 2%, and Hormel Foods Corp. shares are up about 0.6% 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.