Ex-Dividend Reminder: Whirlpool, Unilever And Cummins

On 5/19/22, Whirlpool, Unilever, and Cummins will all trade ex-dividend for their respective upcoming dividends. Whirlpool will pay its quarterly dividend of $1.75 on 6/15/22, Unilever plc will pay its quarterly dividend of $0.4555 on 6/16/22, and Cummins will pay its quarterly dividend of $1.45 on 6/2/22.

Start slideshow: 10 Stocks Where Yields Got More Juicy »

As a percentage of WHR’s recent stock price of $184.98, this dividend works out to approximately 0.95%, so look for shares of Whirlpool to trade 0.95% lower — all else being equal — when WHR shares open for trading on 5/19/22. Similarly, investors should look for UL to open 1.00% lower in price and for CMI to open 0.70% lower, all else being equal.

Below are dividend history charts for WHR, UL, and CMI, showing historical dividends prior to the most recent ones declared.

Whirlpool:

Unilever:

Cummins:

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 3.78% for Whirlpool, 4.00% for Unilever, and 2.80% for Cummins.

Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.

In Tuesday trading, Whirlpool shares are currently up about 2.2%, Unilever shares are down about 0.1%, and Cummins shares are up about 2.1% on the day.