Looking at the universe of stocks we cover at Dividend Channel , on 2/26/14, Oceaneering International, Inc. (Symbol: OII), Energy XXI Bermuda Ltd (Symbol: EXXI), and Green Plains Renewable Energy Inc (Symbol: GPRE) will all trade ex-dividend for their respective upcoming dividends. Oceaneering International, Inc. will pay its quarterly dividend of $0.22 on 3/20/14, Energy XXI Bermuda Ltd will pay its quarterly dividend of $0.12 on 3/14/14, and Green Plains Renewable Energy Inc will pay its quarterly dividend of $0.04 on 3/21/14. As a percentage of OII's recent stock price of $69.76, this dividend works out to approximately 0.32%, so look for shares of Oceaneering International, Inc. to trade 0.32% lower - all else being equal - when OII shares open for trading on 2/26/14. Similarly, investors should look for EXXI to open 0.51% lower in price and for GPRE to open 0.15% lower, all else being equal.
Below are dividend history charts for OII, EXXI, and GPRE, showing historical dividends prior to the most recent ones declared. Oceaneering International, Inc. (Symbol: OII)
: Energy XXI Bermuda Ltd (Symbol: EXXI)
: Green Plains Renewable Energy Inc (Symbol: GPRE)
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 1.26% for Oceaneering International, Inc., 2.02% for Energy XXI Bermuda Ltd, and 0.62% for Green Plains Renewable Energy Inc. In Monday trading, Oceaneering International, Inc. shares are currently up about 0.8%, Energy XXI Bermuda Ltd shares are off about 0.1%, and Green Plains Renewable Energy Inc shares are up about 0.8% on the day.
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