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26 June
Ex-Dividend Reminder: Stantec, Regal Rexnord and Flowserve

Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, Stantec Inc (Symbol: STN), Regal Rexnord Corp (Symbol: RRX), and Flowserve Corp (Symbol: FLS) will all trade ex-dividend for their respective upcoming dividends. Stantec Inc will pay its quarterly dividend of $0.21 on 7/15/24, Regal Rexnord Corp will pay its quarterly dividend of $0.35 on 7/12/24, and Flowserve Corp will pay its quarterly dividend of $0.21 on 7/12/24. As a percentage of STN's recent stock price of $83.29, this dividend works out to approximately 0.25%, so look for shares of Stantec Inc to trade 0.25% lower — all else being equal — when STN shares open for trading on 6/28/24. Similarly, investors should look for RRX to open 0.25% lower in price and for FLS to open 0.44% lower, all else being equal.

Below are dividend history charts for STN, RRX, and FLS, showing historical dividends prior to the most recent ones declared.

Stantec Inc (Symbol: STN):

STN+Dividend+History+Chart

Regal Rexnord Corp (Symbol: RRX):

RRX+Dividend+History+Chart

Flowserve Corp (Symbol: FLS):

FLS+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 1.01% for Stantec Inc, 1.02% for Regal Rexnord Corp, and 1.74% for Flowserve Corp.

In Wednesday trading, Stantec Inc shares are currently up about 0.2%, Regal Rexnord Corp shares are off about 3.5%, and Flowserve Corp shares are off about 0.9% 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.