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Looking at the universe of stocks we cover at Dividend Channel, on 6/3/24, Lockheed Martin Corp (Symbol: LMT), Expeditors International of Washington, Inc. (Symbol: EXPD), and ITT Inc (Symbol: ITT) will all trade ex-dividend for their respective upcoming dividends. Lockheed Martin Corp will pay its quarterly dividend of $3.15 on 6/28/24, Expeditors International of Washington, Inc. will pay its semi-annual dividend of $0.73 on 6/17/24, and ITT Inc will pay its quarterly dividend of $0.319 on 7/1/24. As a percentage of LMT's recent stock price of $452.72, this dividend works out to approximately 0.70%, so look for shares of Lockheed Martin Corp to trade 0.70% lower — all else being equal — when LMT shares open for trading on 6/3/24. Similarly, investors should look for EXPD to open 0.62% lower in price and for ITT to open 0.24% lower, all else being equal.

Below are dividend history charts for LMT, EXPD, and ITT, showing historical dividends prior to the most recent ones declared.

Lockheed Martin Corp (Symbol: LMT):

Expeditors International of Washington, Inc. (Symbol: EXPD):

ITT Inc (Symbol: ITT):

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 2.78% for Lockheed Martin Corp, 1.24% for Expeditors International of Washington, Inc., and 0.98% for ITT Inc.

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In Thursday trading, Lockheed Martin Corp shares are currently off about 1.3%, Expeditors International of Washington, Inc. shares are down about 1.1%, and ITT Inc shares are off about 2.1% 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.