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05 June
Ex-Dividend Reminder: Hub Group, Waste Management and Mueller Industries

Looking at the universe of stocks we cover at Dividend Channel, on 6/7/24, Hub Group, Inc. (Symbol: HUBG), Waste Management, Inc. (Symbol: WM), and Mueller Industries Inc (Symbol: MLI) will all trade ex-dividend for their respective upcoming dividends. Hub Group, Inc. will pay its quarterly dividend of $0.125 on 6/26/24, Waste Management, Inc. will pay its quarterly dividend of $0.75 on 6/21/24, and Mueller Industries Inc will pay its quarterly dividend of $0.20 on 6/21/24. As a percentage of HUBG's recent stock price of $43.39, this dividend works out to approximately 0.29%, so look for shares of Hub Group, Inc. to trade 0.29% lower — all else being equal — when HUBG shares open for trading on 6/7/24. Similarly, investors should look for WM to open 0.37% lower in price and for MLI to open 0.36% lower, all else being equal.

Below are dividend history charts for HUBG, WM, and MLI, showing historical dividends prior to the most recent ones declared.

Hub Group, Inc. (Symbol: HUBG):

HUBG+Dividend+History+Chart

Waste Management, Inc. (Symbol: WM):

WM+Dividend+History+Chart

Mueller Industries Inc (Symbol: MLI):

MLI+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 1.15% for Hub Group, Inc., 1.47% for Waste Management, Inc., and 1.43% for Mueller Industries Inc.

In Wednesday trading, Hub Group, Inc. shares are currently up about 0.6%, Waste Management, Inc. shares are up about 1.2%, and Mueller Industries Inc shares are down about 1.9% 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.