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| Ex-Dividend Reminder: Intel, Norfolk Southern and Columbus McKinnonBy Dividend Channel Staff, Tuesday, May 2, 10:33 AM ET
On 5/4/23, Intel Corp (NASDAQ:INTC), Norfolk Southern Corp (NYSE:NSC), and Columbus McKinnon Corp. (NASDAQ:CMCO) will all trade ex-dividend for their respective upcoming dividends. Intel Corp will pay its quarterly dividend of $0.125 on 6/1/23, Norfolk Southern Corp will pay its quarterly dividend of $1.35 on 5/20/23, and Columbus McKinnon Corp. will pay its quarterly dividend of $0.07 on 5/15/23. As a percentage of INTC's recent stock price of $30.34, this dividend works out to approximately 0.41%, so look for shares of Intel Corp to trade 0.41% lower — all else being equal — when INTC shares open for trading on 5/4/23. Similarly, investors should look for NSC to open 0.65% lower in price and for CMCO to open 0.20% lower, all else being equal. Below are dividend history charts for INTC, NSC, and CMCO, showing historical dividends prior to the most recent ones declared. Intel Corp (NASDAQ:INTC): Norfolk Southern Corp (NYSE:NSC): Columbus McKinnon Corp. (NASDAQ:CMCO): 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 1.65% for Intel Corp, 2.61% for Norfolk Southern Corp, and 0.81% for Columbus McKinnon Corp.. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter In Tuesday trading, Intel Corp shares are currently up about 0.1%, Norfolk Southern Corp shares are down about 0.7%, and Columbus McKinnon Corp. shares are down about 1.1% on the day.
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