/Ex-Dividend Reminder: Watts Water Technologies, Harris and Mueller Industries

Ex-Dividend Reminder: Watts Water Technologies, Harris and Mueller Industries

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Looking at the universe of stocks we cover at Dividend Channel , on 5/31/17, Watts Water Technologies Inc (Symbol: WTS), Harris Corp. (Symbol: HRS), and Mueller Industries Inc (Symbol: MLI) will all trade ex-dividend for their respective upcoming dividends. Watts Water Technologies Inc will pay its quarterly dividend of $ 0.19 on 6/16/17, Harris Corp. will pay its quarterly dividend of $ 0.53 on 6/16/17, and Mueller Industries Inc will pay its quarterly dividend of $ 0.10 on 6/16/17. As a percentage of WTS’s recent stock price of $ 61.70, this dividend works out to approximately 0.31%, so look for shares of Watts Water Technologies Inc to trade 0.31% lower – all else being equal – when WTS shares open for trading on 5/31/17. Similarly, investors should look for HRS to open 0.48% lower in price and for MLI to open 0.35% lower, all else being equal.

Below are dividend history charts for WTS, HRS, and MLI, showing historical dividends prior to the most recent ones declared. Watts Water Technologies Inc (Symbol: WTS) :

WTS+Dividend+History+ChartHarris Corp. (Symbol: HRS) :
HRS+Dividend+History+ChartMueller Industries Inc (Symbol: MLI) :
MLI+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 1.23% for Watts Water Technologies Inc, 1.91% for Harris Corp., and 1.39% for Mueller Industries Inc. In Tuesday trading, Watts Water Technologies Inc shares are currently down about 0.7%, Harris Corp. shares are up about 0.5%, and Mueller Industries Inc shares are up about 0.1% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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