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Ex-Dividend Reminder: Rexnord, Moody's and Walker & Dunlop

By Dividend Channel Staff, Monday, May 17, 10:42 AM ET
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On 5/19/21, Rexnord Corp (RXN), Moody's Corp. (NYSE:MCO), and Walker & Dunlop Inc (NYSE:WD) will all trade ex-dividend for their respective upcoming dividends. Rexnord Corp will pay its quarterly dividend of $0.09 on 6/7/21, Moody's Corp. will pay its quarterly dividend of $0.62 on 6/10/21, and Walker & Dunlop Inc will pay its quarterly dividend of $0.50 on 6/4/21.

As a percentage of RXN's recent stock price of $49.91, this dividend works out to approximately 0.18%, so look for shares of Rexnord Corp to trade 0.18% lower — all else being equal — when RXN shares open for trading on 5/19/21. Similarly, investors should look for MCO to open 0.19% lower in price and for WD to open 0.50% lower, all else being equal.

Below are dividend history charts for RXN, MCO, and WD, showing historical dividends prior to the most recent ones declared.

Rexnord Corp (RXN):

Moody's Corp. (NYSE:MCO):

Walker & Dunlop Inc (NYSE:WD):

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 0.72% for Rexnord Corp , 0.75% for Moody's Corp., and 2.01% for Walker & Dunlop Inc.


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In Monday trading, Rexnord Corp shares are currently off about 1.4%, Moody's Corp. shares are down about 0.9%, and Walker & Dunlop Inc shares are off about 1.8% on the day.


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