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Ex-Dividend Reminder: Autoliv, Griffon and Patrick Industries

By Dividend Channel Staff, Wednesday, November 24, 10:08 AM ET
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On 11/26/21, Autoliv Inc (NYSE:ALV), Griffon Corp. (NYSE:GFF), and Patrick Industries Inc (NASDAQ:PATK) will all trade ex-dividend for their respective upcoming dividends. Autoliv Inc will pay its quarterly dividend of $0.64 on 12/13/21, Griffon Corp. will pay its quarterly dividend of $0.09 on 12/16/21, and Patrick Industries Inc will pay its quarterly dividend of $0.33 on 12/13/21.

As a percentage of ALV's recent stock price of $99.98, this dividend works out to approximately 0.64%, so look for shares of Autoliv Inc to trade 0.64% lower — all else being equal — when ALV shares open for trading on 11/26/21. Similarly, investors should look for GFF to open 0.33% lower in price and for PATK to open 0.40% lower, all else being equal.

Below are dividend history charts for ALV, GFF, and PATK, showing historical dividends prior to the most recent ones declared.

Autoliv Inc (NYSE:ALV):

Griffon Corp. (NYSE:GFF):

Patrick Industries Inc (NASDAQ:PATK):

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 2.56% for Autoliv Inc, 1.33% for Griffon Corp., and 1.60% for Patrick Industries Inc.


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In Wednesday trading, Autoliv Inc shares are currently off about 2.4%, Griffon Corp. shares are down about 0.3%, and Patrick Industries Inc shares are up about 0.2% on the day.


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