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04 June
Ex-Dividend Reminder: Kraft Heinz, Jack in the Box and Jackson Financial

Looking at the universe of stocks we cover at Dividend Channel, on 6/6/24, Kraft Heinz Co (Symbol: KHC), Jack in the Box, Inc. (Symbol: JACK), and Jackson Financial Inc (Symbol: JXN) will all trade ex-dividend for their respective upcoming dividends. Kraft Heinz Co will pay its quarterly dividend of $0.40 on 6/28/24, Jack in the Box, Inc. will pay its quarterly dividend of $0.44 on 6/25/24, and Jackson Financial Inc will pay its quarterly dividend of $0.70 on 6/20/24. As a percentage of KHC's recent stock price of $35.10, this dividend works out to approximately 1.14%, so look for shares of Kraft Heinz Co to trade 1.14% lower — all else being equal — when KHC shares open for trading on 6/6/24. Similarly, investors should look for JACK to open 0.77% lower in price and for JXN to open 0.93% lower, all else being equal.

Below are dividend history charts for KHC, JACK, and JXN, showing historical dividends prior to the most recent ones declared.

Kraft Heinz Co (Symbol: KHC):

KHC+Dividend+History+Chart

Jack in the Box, Inc. (Symbol: JACK):

JACK+Dividend+History+Chart

Jackson Financial Inc (Symbol: JXN):

JXN+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 4.56% for Kraft Heinz Co, 3.07% for Jack in the Box, Inc., and 3.71% for Jackson Financial Inc.

In Tuesday trading, Kraft Heinz Co shares are currently down about 0.8%, Jack in the Box, Inc. shares are up about 3.5%, and Jackson Financial Inc shares are down about 0.7% on the day.

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

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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.