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Looking at the universe of stocks we cover at Dividend Channel, on 5/29/24, Griffon Corp. (Symbol: GFF), Home Depot Inc (Symbol: HD), and Hyatt Hotels Corp (Symbol: H) will all trade ex-dividend for their respective upcoming dividends. Griffon Corp. will pay its quarterly dividend of $0.15 on 6/20/24, Home Depot Inc will pay its quarterly dividend of $2.25 on 6/13/24, and Hyatt Hotels Corp will pay its quarterly dividend of $0.15 on 6/11/24. As a percentage of GFF's recent stock price of $67.48, this dividend works out to approximately 0.22%, so look for shares of Griffon Corp. to trade 0.22% lower — all else being equal — when GFF shares open for trading on 5/29/24. Similarly, investors should look for HD to open 0.69% lower in price and for H to open 0.10% lower, all else being equal.

Below are dividend history charts for GFF, HD, and H, showing historical dividends prior to the most recent ones declared.

Griffon Corp. (Symbol: GFF):

Home Depot Inc (Symbol: HD):

Hyatt Hotels Corp (Symbol: H):

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 Griffon Corp., 2.77% for Home Depot Inc, and 0.41% for Hyatt Hotels Corp.

In Tuesday trading, Griffon Corp. shares are currently up about 2.5%, Home Depot Inc shares are down about 0.6%, and Hyatt Hotels Corp shares are up about 0.8% 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.