Brady Corp, Micron Technology Inc (NASDAQ:MU)., and AT&T Inc (NYSE:T). are poised to trade ex-dividend in the coming weeks, with the expectation of impacting their respective share prices. The companies are due to pay their quarterly dividends soon, which analysts suggest could influence stock performance.
On Wednesday, Brady Corp and Micron Technology saw a slight increase in their share prices. In contrast, AT&T shares experienced a minor decline. The movement in these stocks comes ahead of their ex-dividend dates when the companies will pay out dividends to shareholders.
Brady Corp is scheduled to pay a quarterly dividend of $0.235 on October 31, 2023. Meanwhile, Micron Technology Inc. has set its dividend payment at $0.115, due on October 25, 2023. Lastly, AT&T Inc. will reward its investors with a dividend of $0.2775 on November 1, 2023.
This encourages investors to scrutinize the dividend history of these companies when forecasting future yields. It also offers annual yield estimates as a guide for potential returns. As these firms approach their ex-dividend dates, market watchers are keenly observing the impact of these payouts on their respective stock performances.
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