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11 July
Ex-Dividend Reminder: GFL Environmental, Hormel Foods and Abbott Laboratories

Looking at the universe of stocks we cover at Dividend Channel, on 7/15/24, GFL Environmental Inc (Symbol: GFL), Hormel Foods Corp. (Symbol: HRL), and Abbott Laboratories (Symbol: ABT) will all trade ex-dividend for their respective upcoming dividends. GFL Environmental Inc will pay its quarterly dividend of $0.014 on 7/31/24, Hormel Foods Corp. will pay its quarterly dividend of $0.2825 on 8/15/24, and Abbott Laboratories will pay its quarterly dividend of $0.55 on 8/15/24. As a percentage of GFL's recent stock price of $38.48, this dividend works out to approximately 0.04%, so look for shares of GFL Environmental Inc to trade 0.04% lower — all else being equal — when GFL shares open for trading on 7/15/24. Similarly, investors should look for HRL to open 0.93% lower in price and for ABT to open 0.53% lower, all else being equal.

Below are dividend history charts for GFL, HRL, and ABT, showing historical dividends prior to the most recent ones declared.

GFL Environmental Inc (Symbol: GFL):

GFL+Dividend+History+Chart

Hormel Foods Corp. (Symbol: HRL):

HRL+Dividend+History+Chart

Abbott Laboratories (Symbol: ABT):

ABT+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 0.15% for GFL Environmental Inc, 3.72% for Hormel Foods Corp., and 2.13% for Abbott Laboratories.

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In Thursday trading, GFL Environmental Inc shares are currently off about 0.6%, Hormel Foods Corp. shares are up about 1.2%, and Abbott Laboratories shares are up 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.