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Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, UGI Corp. (Symbol: UGI), NorthWestern Energy Group Inc (Symbol: NWE), and Thermo Fisher Scientific Inc (Symbol: TMO) will all trade ex-dividend for their respective upcoming dividends. UGI Corp. will pay its quarterly dividend of $0.375 on 7/1/24, NorthWestern Energy Group Inc will pay its quarterly dividend of $0.65 on 6/28/24, and Thermo Fisher Scientific Inc will pay its quarterly dividend of $0.39 on 7/15/24. As a percentage of UGI's recent stock price of $22.85, this dividend works out to approximately 1.64%, so look for shares of UGI Corp. to trade 1.64% lower — all else being equal — when UGI shares open for trading on 6/14/24. Similarly, investors should look for NWE to open 1.28% lower in price and for TMO to open 0.07% lower, all else being equal.

When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. NorthWestern Energy Group Inc (Symbol: NWE) is a "future dividend aristocrats contender," with 16+ years of increases.

Below are dividend history charts for UGI, NWE, and TMO, showing historical dividends prior to the most recent ones declared.

UGI Corp. (Symbol: UGI):

NorthWestern Energy Group Inc (Symbol: NWE):

Thermo Fisher Scientific Inc (Symbol: TMO):

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 6.56% for UGI Corp., 5.11% for NorthWestern Energy Group Inc, and 0.27% for Thermo Fisher Scientific Inc.

In Wednesday trading, UGI Corp. shares are currently down about 1.7%, NorthWestern Energy Group Inc shares are up about 0.6%, and Thermo Fisher Scientific Inc shares are down about 1% 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.