Looking at the universe of stocks we cover at Dividend Channel , on 11/29/18, Brookfield Infrastructure Partners LP (Symbol: BIP), MGE Energy Inc (Symbol: MGEE), and Brookfield Renewable Partners LP (Symbol: BEP) will all trade ex-dividend for their respective upcoming dividends. Brookfield Infrastructure Partners LP will pay its quarterly dividend of $0.47 on 12/31/18, MGE Energy Inc will pay its quarterly dividend of $0.3375 on 12/15/18, and Brookfield Renewable Partners LP will pay its quarterly dividend of $0.49 on 12/31/18. As a percentage of BIP's recent stock price of $39.40, this dividend works out to approximately 1.19%, so look for shares of Brookfield Infrastructure Partners LP to trade 1.19% lower - all else being equal - when BIP shares open for trading on 11/29/18. Similarly, investors should look for MGEE to open 0.53% lower in price and for BEP to open 1.72% lower, all else being equal.
Below are dividend history charts for BIP, MGEE, and BEP, showing historical dividends prior to the most recent ones declared.
Brookfield Infrastructure Partners LP (Symbol: BIP)
MGE Energy Inc (Symbol: MGEE)
Brookfield Renewable Partners LP (Symbol: BEP)
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 4.77% for Brookfield Infrastructure Partners LP, 2.11% for MGE Energy Inc, and 6.88% for Brookfield Renewable Partners LP.
In Tuesday trading, Brookfield Infrastructure Partners LP shares are currently down about 0.5%, MGE Energy Inc shares are off about 0.3%, and Brookfield Renewable Partners LP shares are off about 0.1% on the day.
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