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Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Textron Inc (Symbol: TXT), Leidos Holdings Inc (Symbol: LDOS), and Installed Building Products Inc (Symbol: IBP) will all trade ex-dividend for their respective upcoming dividends. Textron Inc will pay its quarterly dividend of $0.02 on 7/1/24, Leidos Holdings Inc will pay its quarterly dividend of $0.38 on 6/28/24, and Installed Building Products Inc will pay its quarterly dividend of $0.35 on 6/30/24. As a percentage of TXT's recent stock price of $85.45, this dividend works out to approximately 0.02%, so look for shares of Textron Inc to trade 0.02% lower — all else being equal — when TXT shares open for trading on 6/14/24. Similarly, investors should look for LDOS to open 0.26% lower in price and for IBP to open 0.17% lower, all else being equal.

Below are dividend history charts for TXT, LDOS, and IBP, showing historical dividends prior to the most recent ones declared.

Textron Inc (Symbol: TXT):

Leidos Holdings Inc (Symbol: LDOS):

Installed Building Products Inc (Symbol: IBP):

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 0.09% for Textron Inc, 1.06% for Leidos Holdings Inc, and 0.68% for Installed Building Products Inc.

In Wednesday trading, Textron Inc shares are currently off about 1%, Leidos Holdings Inc shares are off about 0.7%, and Installed Building Products Inc shares are down about 1.6% 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.