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| Ex-Dividend Reminder: TD SYNNEX, IDEX and Methode ElectronicsBy Dividend Channel Staff, Tuesday, July 11, 11:48 AM ET
On 7/13/23, TD SYNNEX Corp (NYSE:SNX), IDEX Corporation (NYSE:IEX), and Methode Electronics Inc (NYSE:MEI) will all trade ex-dividend for their respective upcoming dividends. TD SYNNEX Corp will pay its quarterly dividend of $0.35 on 7/28/23, IDEX Corporation will pay its quarterly dividend of $0.64 on 7/28/23, and Methode Electronics Inc will pay its quarterly dividend of $0.14 on 7/28/23. As a percentage of SNX's recent stock price of $97.87, this dividend works out to approximately 0.36%, so look for shares of TD SYNNEX Corp to trade 0.36% lower — all else being equal — when SNX shares open for trading on 7/13/23. Similarly, investors should look for IEX to open 0.29% lower in price and for MEI to open 0.43% lower, all else being equal. Below are dividend history charts for SNX, IEX, and MEI, showing historical dividends prior to the most recent ones declared. TD SYNNEX Corp (NYSE:SNX): IDEX Corporation (NYSE:IEX): Methode Electronics Inc (NYSE:MEI): 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 1.43% for TD SYNNEX Corp, 1.18% for IDEX Corporation, and 1.70% for Methode Electronics Inc. Free Report: Top 8%+ Dividends (paid monthly) In Tuesday trading, TD SYNNEX Corp shares are currently up about 0.9%, IDEX Corporation shares are up about 0.4%, and Methode Electronics Inc shares are up about 0.3% on the day.
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