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12 June
Ex-Dividend Reminder: Hillenbrand, Marten Transport and Western Union

Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Hillenbrand Inc (Symbol: HI), Marten Transport Ltd (Symbol: MRTN), and Western Union Co (Symbol: WU) will all trade ex-dividend for their respective upcoming dividends. Hillenbrand Inc will pay its quarterly dividend of $0.2225 on 6/28/24, Marten Transport Ltd will pay its quarterly dividend of $0.06 on 6/28/24, and Western Union Co will pay its quarterly dividend of $0.235 on 6/28/24. As a percentage of HI's recent stock price of $42.36, this dividend works out to approximately 0.53%, so look for shares of Hillenbrand Inc to trade 0.53% lower — all else being equal — when HI shares open for trading on 6/14/24. Similarly, investors should look for MRTN to open 0.34% lower in price and for WU to open 1.87% lower, all else being equal.

Below are dividend history charts for HI, MRTN, and WU, showing historical dividends prior to the most recent ones declared.

Hillenbrand Inc (Symbol: HI):

HI+Dividend+History+Chart

Marten Transport Ltd (Symbol: MRTN):

MRTN+Dividend+History+Chart

Western Union Co (Symbol: WU):

WU+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 2.10% for Hillenbrand Inc, 1.34% for Marten Transport Ltd, and 7.47% for Western Union Co.

In Wednesday trading, Hillenbrand Inc shares are currently down about 1.6%, Marten Transport Ltd shares are off about 0.6%, and Western Union Co shares are down about 1.4% 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.