Looking at the universe of stocks we cover at Dividend Channel, on 8/29/14, Computer Sciences Corp. (NYSE: CSC), Fluor Corp. (NYSE: FLR), and Tal International Group Inc (NYSE: TAL) will all trade ex-dividend for their respective upcoming dividends. Computer Sciences Corp. will pay its quarterly dividend of $0.23 on 10/7/14, Fluor Corp. will pay its quarterly dividend of $0.21 on 10/2/14, and Tal International Group Inc will pay its quarterly dividend of $0.72 on 9/24/14.
As a percentage of CSC's recent stock price of $60.02, this dividend works out to approximately 0.38%, so look for shares of Computer Sciences Corp. to trade 0.38% lower — all else being equal — when CSC shares open for trading on 8/29/14. Similarly, investors should look for FLR to open 0.28% lower in price and for TAL to open 1.57% lower, all else being equal.
Below are dividend history charts for CSC, FLR, and TAL, showing historical dividends prior to the most recent ones declared.
Computer Sciences Corp. (NYSE: CSC):
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 1.53% for Computer Sciences Corp., 1.12% for Fluor Corp., and 6.26% for Tal International Group Inc.
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In Wednesday trading, Computer Sciences Corp. shares are currently off about 0.1%, Fluor Corp. shares are down about 0.3%, and Tal International Group Inc shares are off about 0.4% on the day.
