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13 June
Ex-Dividend Reminder: Ferroglobe, Eastman Chemical and Eagle Materials

Looking at the universe of stocks we cover at Dividend Channel, on 6/17/24, Ferroglobe PLC (Symbol: GSM), Eastman Chemical Co (Symbol: EMN), and Eagle Materials Inc (Symbol: EXP) will all trade ex-dividend for their respective upcoming dividends. Ferroglobe PLC will pay its quarterly dividend of $0.013 on 6/27/24, Eastman Chemical Co will pay its quarterly dividend of $0.81 on 7/9/24, and Eagle Materials Inc will pay its quarterly dividend of $0.25 on 7/15/24. As a percentage of GSM's recent stock price of $5.52, this dividend works out to approximately 0.24%, so look for shares of Ferroglobe PLC to trade 0.24% lower — all else being equal — when GSM shares open for trading on 6/17/24. Similarly, investors should look for EMN to open 0.78% lower in price and for EXP to open 0.11% lower, all else being equal.

Below are dividend history charts for GSM, EMN, and EXP, showing historical dividends prior to the most recent ones declared.

Ferroglobe PLC (Symbol: GSM):

GSM+Dividend+History+Chart

Eastman Chemical Co (Symbol: EMN):

EMN+Dividend+History+Chart

Eagle Materials Inc (Symbol: EXP):

EXP+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 0.94% for Ferroglobe PLC, 3.12% for Eastman Chemical Co, and 0.44% for Eagle Materials Inc.

In Thursday trading, Ferroglobe PLC shares are currently down about 1.4%, Eastman Chemical Co shares are up about 0.4%, and Eagle Materials Inc shares are up about 2.7% 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.