Ex-Dividend Reminder: Golar LNG Partners, Tesoro Logistics and EnLink Midstream Partners


Looking at the universe of stocks we cover at Dividend Channel , on 5/1/14, Golar LNG Partners LP (Symbol: GMLP), Tesoro Logistics LP (Symbol: TLLP), and EnLink Midstream Partners LP (Symbol: ENLK) will all trade ex-dividend for their respective upcoming dividends. Golar LNG Partners LP will pay its quarterly dividend of $0.5225 on 5/14/14, Tesoro Logistics LP will pay its quarterly dividend of $0.59 on 5/15/14, and EnLink Midstream Partners LP will pay its quarterly dividend of $0.36 on 5/14/14. As a percentage of GMLP's recent stock price of $31.47, this dividend works out to approximately 1.66%, so look for shares of Golar LNG Partners LP to trade 1.66% lower - all else being equal - when GMLP shares open for trading on 5/1/14. Similarly, investors should look for TLLP to open 0.92% lower in price and for ENLK to open 1.22% lower, all else being equal.

Below are dividend history charts for GMLP, TLLP, and ENLK, showing historical dividends prior to the most recent ones declared.

Golar LNG Partners LP (Symbol: GMLP) :


Tesoro Logistics LP (Symbol: TLLP) :


EnLink Midstream Partners LP (Symbol: ENLK) :


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 6.64% for Golar LNG Partners LP, 3.67% for Tesoro Logistics LP, and 4.86% for EnLink Midstream Partners LP.

In Wednesday trading, Golar LNG Partners LP shares are currently up about 0.7%, Tesoro Logistics LP shares are down about 0.6%, and EnLink Midstream Partners LP shares are off about 0.5% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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

This article appears in: Investing , Options

Referenced Stocks: GMLP , TLLP , ENLK

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