FedEx, L3Harris, and Owens Corning Set to Trade Ex-Dividend

Ex-dividend dates for FedEx, L3Harris, and Owens Corning are set, with expected declines in stock prices. Investors should assess historical stability for future dividend expectations.

Date: 06-03-2025

AI Rating: 6

Dividend Announcements and Stock Impact

FedEx Corp (FDX), L3Harris Technologies Inc (LHX), and Owens Corning (OC) are scheduled to trade ex-dividend, with each company announcing dividends that will impact their stock prices. FedEx will pay a dividend of $1.38, leading to an anticipated price decline of approximately 0.55% when shares begin trading on 3/10/25. Similarly, L3Harris's $1.20 dividend may impact its price by about 0.57%, while Owens Corning's $0.69 dividend could see a 0.46% drop.

The overall effect on the stock prices is contingent on the dividends' psychological impact on investors. Typically, when a stock goes ex-dividend, it reflects a decrease in share value equivalent to the dividend amount. This timing can create a sell-off, particularly for dividend-focused investors.

Stability of Dividends

As dividends are tied to profits, stability over time is crucial. The report suggests that historical dividend charts can provide insight into whether the recent dividend announcements are sustainable. Current estimated yields are 2.20% for FedEx, 2.28% for L3Harris, and 1.85% for Owens Corning, indicating a reasonably positive dividend yield scenario.

Market Performance

In the analysis, it is also mentioned that in Thursday trading, FedEx shares are up by 1.1%, L3Harris shares are up 1.7%, and Owens Corning shares saw a more significant rise at 3.4%. This positive movement could indicate market confidence or reactions to their dividend announcements. Investors may interpret these moves as a signal of stability and future performance.

Stocks: FDX LHX OC