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Looking at the universe of stocks we cover at Dividend Channel, on 5/14/24, MSA Safety Inc (Symbol: MSA), Cintas Corporation (Symbol: CTAS), and Powell Industries, Inc. (Symbol: POWL) will all trade ex-dividend for their respective upcoming dividends. MSA Safety Inc will pay its quarterly dividend of $0.51 on 6/10/24, Cintas Corporation will pay its quarterly dividend of $1.35 on 6/14/24, and Powell Industries, Inc. will pay its quarterly dividend of $0.265 on 6/12/24. As a percentage of MSA's recent stock price of $189.68, this dividend works out to approximately 0.27%, so look for shares of MSA Safety Inc to trade 0.27% lower — all else being equal — when MSA shares open for trading on 5/14/24. Similarly, investors should look for CTAS to open 0.19% lower in price and for POWL to open 0.16% lower, all else being equal.

Below are dividend history charts for MSA, CTAS, and POWL, showing historical dividends prior to the most recent ones declared.

MSA Safety Inc (Symbol: MSA):

Cintas Corporation (Symbol: CTAS):

Powell Industries, Inc. (Symbol: POWL):

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 1.08% for MSA Safety Inc, 0.78% for Cintas Corporation, and 0.64% for Powell Industries, Inc..

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In Friday trading, MSA Safety Inc shares are currently up about 1.1%, Cintas Corporation shares are up about 0.8%, and Powell Industries, Inc. shares are up about 4.6% 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.