Ex-Dividend Reminder: Encana, Ship Finance International and XL Group

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Looking at the universe of stocks we cover at Dividend Channel , on 6/14/18, Encana Corp (Symbol: ECA), Ship Finance International Ltd (Symbol: SFL), and XL Group Ltd (Symbol: XL) will all trade ex-dividend for their respective upcoming dividends. Encana Corp will pay its quarterly dividend of $0.015 on 6/29/18, Ship Finance International Ltd will pay its quarterly dividend of $0.35 on 6/29/18, and XL Group Ltd will pay its quarterly dividend of $0.22 on 7/2/18. As a percentage of ECA's recent stock price of $12.77, this dividend works out to approximately 0.12%, so look for shares of Encana Corp to trade 0.12% lower - all else being equal - when ECA shares open for trading on 6/14/18. Similarly, investors should look for SFL to open 2.28% lower in price and for XL to open 0.39% lower, all else being equal.

Below are dividend history charts for ECA, SFL, and XL, showing historical dividends prior to the most recent ones declared.

Encana Corp (Symbol: ECA) :


Ship Finance International Ltd (Symbol: SFL) :


XL Group Ltd (Symbol: XL) :


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 0.47% for Encana Corp, 9.11% for Ship Finance International Ltd, and 1.56% for XL Group Ltd.

In Tuesday trading, Encana Corp shares are currently down about 0.1%, Ship Finance International Ltd shares are off about 0.2%, and XL Group Ltd shares are off about 0.1% 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 Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: ECA , SFL ,

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