On 4/23/24, Lennar, Lowe’s Companies and West Pharmaceutical Services, will all trade ex-dividend for their respective upcoming dividends. Lennar will pay its quarterly dividend of $0.50 on 5/8/24, Lowe’s Companies will pay its quarterly dividend of $1.10 on 5/8/24, and West Pharmaceutical Services will pay its quarterly dividend of $0.20 on 5/1/24.
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As a percentage of LEN’s recent stock price of $152.49, this dividend works out to approximately 0.33%, so look for shares of Lennar Corp to trade 0.33% lower — all else being equal — when LEN shares open for trading on 4/23/24. Similarly, investors should look for LOW to open 0.48% lower in price and for WST to open 0.05% lower, all else being equal.
Below are dividend history charts for LEN, LOW, and WST, showing historical dividends prior to the most recent ones declared.
Lennar:
Lowe’s Companies:
West Pharmaceutical Services:
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 1.31% for Lennar, 1.92% for Lowe’s Companies, and 0.21% for West Pharmaceutical Services.
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In Friday trading, Lennar shares are currently up about 0.4%, Lowe’s Companies shares are trading flat, and West Pharmaceutical Services shares are trading flat on the day.