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Looking at the universe of stocks we cover at Dividend Channel, on 5/17/24, Gen Digital Inc (Symbol: GEN), Zurn Elkay Water Solutions Corp (Symbol: ZWS), and Snap-On, Inc. (Symbol: SNA) will all trade ex-dividend for their respective upcoming dividends. Gen Digital Inc will pay its quarterly dividend of $0.125 on 6/12/24, Zurn Elkay Water Solutions Corp will pay its quarterly dividend of $0.08 on 6/7/24, and Snap-On, Inc. will pay its quarterly dividend of $1.86 on 6/10/24. As a percentage of GEN's recent stock price of $24.54, this dividend works out to approximately 0.51%, so look for shares of Gen Digital Inc to trade 0.51% lower — all else being equal — when GEN shares open for trading on 5/17/24. Similarly, investors should look for ZWS to open 0.25% lower in price and for SNA to open 0.67% lower, all else being equal.

Below are dividend history charts for GEN, ZWS, and SNA, showing historical dividends prior to the most recent ones declared.

Gen Digital Inc (Symbol: GEN):

Zurn Elkay Water Solutions Corp (Symbol: ZWS):

Snap-On, Inc. (Symbol: SNA):

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 2.04% for Gen Digital Inc, 0.98% for Zurn Elkay Water Solutions Corp, and 2.67% for Snap-On, Inc..

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In Wednesday trading, Gen Digital Inc shares are currently up about 2.2%, Zurn Elkay Water Solutions Corp shares are trading flat, and Snap-On, Inc. shares are off 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.