News

We provide the latest news
from the world of economics and finance

Back
30 May
Ex-Dividend Reminder: Ball, UFP Industries and Silgan Holdings

Looking at the universe of stocks we cover at Dividend Channel, on 6/3/24, Ball Corp (Symbol: BALL), UFP Industries Inc (Symbol: UFPI), and Silgan Holdings Inc (Symbol: SLGN) will all trade ex-dividend for their respective upcoming dividends. Ball Corp will pay its quarterly dividend of $0.20 on 6/17/24, UFP Industries Inc will pay its quarterly dividend of $0.33 on 6/17/24, and Silgan Holdings Inc will pay its quarterly dividend of $0.19 on 6/17/24. As a percentage of BALL's recent stock price of $66.54, this dividend works out to approximately 0.30%, so look for shares of Ball Corp to trade 0.30% lower — all else being equal — when BALL shares open for trading on 6/3/24. Similarly, investors should look for UFPI to open 0.29% lower in price and for SLGN to open 0.41% lower, all else being equal.

Below are dividend history charts for BALL, UFPI, and SLGN, showing historical dividends prior to the most recent ones declared.

Ball Corp (Symbol: BALL):

BALL+Dividend+History+Chart

UFP Industries Inc (Symbol: UFPI):

UFPI+Dividend+History+Chart

Silgan Holdings Inc (Symbol: SLGN):

SLGN+Dividend+History+Chart

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 1.20% for Ball Corp, 1.14% for UFP Industries Inc, and 1.65% for Silgan Holdings Inc.

In Thursday trading, Ball Corp shares are currently down about 1.4%, UFP Industries Inc shares are off about 1.5%, and Silgan Holdings Inc shares are off about 0.9% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:

Daniel Loeb Stock Picks
DWAC YTD Return
APTI Historical Stock Prices

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.