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Looking at the universe of stocks we cover at Dividend Channel, on 6/12/24, Texas Roadhouse Inc (Symbol: TXRH), Ameren Corp (Symbol: AEE), and New Jersey Resources Corp (Symbol: NJR) will all trade ex-dividend for their respective upcoming dividends. Texas Roadhouse Inc will pay its quarterly dividend of $0.61 on 6/25/24, Ameren Corp will pay its quarterly dividend of $0.67 on 6/28/24, and New Jersey Resources Corp will pay its quarterly dividend of $0.42 on 7/1/24. As a percentage of TXRH's recent stock price of $167.93, this dividend works out to approximately 0.36%, so look for shares of Texas Roadhouse Inc to trade 0.36% lower — all else being equal — when TXRH shares open for trading on 6/12/24. Similarly, investors should look for AEE to open 0.94% lower in price and for NJR to open 0.97% lower, all else being equal.

Below are dividend history charts for TXRH, AEE, and NJR, showing historical dividends prior to the most recent ones declared.

Texas Roadhouse Inc (Symbol: TXRH):

Ameren Corp (Symbol: AEE):

New Jersey Resources Corp (Symbol: NJR):

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 1.45% for Texas Roadhouse Inc, 3.77% for Ameren Corp, and 3.88% for New Jersey Resources Corp.

In Monday trading, Texas Roadhouse Inc shares are currently off about 1.3%, Ameren Corp shares are down about 1.4%, and New Jersey Resources Corp shares are off about 0.4% 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.