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Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, Ensign Group Inc (Symbol: ENSG), Medtronic PLC (Symbol: MDT), and National Healthcare Corp. (Symbol: NHC) will all trade ex-dividend for their respective upcoming dividends. Ensign Group Inc will pay its quarterly dividend of $0.06 on 7/31/24, Medtronic PLC will pay its quarterly dividend of $0.70 on 7/12/24, and National Healthcare Corp. will pay its quarterly dividend of $0.61 on 8/1/24. As a percentage of ENSG's recent stock price of $121.18, this dividend works out to approximately 0.05%, so look for shares of Ensign Group Inc to trade 0.05% lower — all else being equal — when ENSG shares open for trading on 6/28/24. Similarly, investors should look for MDT to open 0.87% lower in price and for NHC to open 0.57% lower, all else being equal.

When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. Ensign Group Inc (Symbol: ENSG) is a "future dividend aristocrats contender," with 17+ years of increases.

Below are dividend history charts for ENSG, MDT, and NHC, showing historical dividends prior to the most recent ones declared.

Ensign Group Inc (Symbol: ENSG):

Medtronic PLC (Symbol: MDT):

National Healthcare Corp. (Symbol: NHC):

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 0.20% for Ensign Group Inc, 3.48% for Medtronic PLC, and 2.28% for National Healthcare Corp..

In Wednesday trading, Ensign Group Inc shares are currently down about 0.2%, Medtronic PLC shares are off about 0.8%, and National Healthcare Corp. shares are up about 0.6% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.