ILooking at the universe of stocks we cover on the Dividend Channel, 3/16/22, Altra Industrial Motion Corp (Symbol: AIMC), Waste Management, Inc. (Symbol: WM) and Alamos Gold Inc (Symbol: AGI) all trade ex-dividend for their respective next dividends. Altra Industrial Motion Corp will pay its quarterly dividend of $0.08 on 04/04/22, Waste Management, Inc. will pay its quarterly dividend of $0.65 on 03/31/22 and Alamos Gold Inc will pay its quarterly dividend of 0.025 $ on 3/31/22. As a percentage of AIMC’s recent stock price of $39.88, that dividend equates to about 0.20%, so look for Altra Industrial Motion Corp shares to trade 0.20% lower – all things being equal by elsewhere – when AIMC shares open for trading on 3/16/22. Similarly, investors should expect WM to open 0.43% lower in price and AGI to open 0.30% lower, all else being equal.
Below are historical dividend charts for AIMC, WM and AGI, showing historical dividends prior to the most recent declared.
Altra Industrial Motion Corp (Symbol: AIMC):
Waste Management, Inc. (Symbol: WM):
Alamos Gold Inc (Symbol: AGI):
In general, dividends are not always predictable, following the ups and downs of corporate earnings over time. Therefore, a good first due diligence step in forming an annual return expectation in the future is to review the above history, for a sense of stability over time. This can help judge whether these companies’ most recent dividends are likely to continue. If they continue, current estimated returns on an annualized basis would be 0.80% for Altra Industrial Motion Corp, 1.72% for Waste Management, Inc. and 1.18% for Alamos Gold Inc.
Free report: Top 7%+ Dividends (paid monthly)
On Monday, shares of Altra Industrial Motion Corp are currently up about 0.1%, shares of Waste Management, Inc. are trading flat and shares of Alamos Gold Inc are down about 3. 1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.