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Ex-Dividend Reminder: Williams, Golar LNG and Patterson-UTI Energy


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Looking at the universe of stocks we cover at Dividend Channel , on 9/6/18, Williams Cos Inc (Symbol: WMB), Golar LNG Ltd (Symbol: GLNG), and Patterson-UTI Energy Inc. (Symbol: PTEN) will all trade ex-dividend for their respective upcoming dividends. Williams Cos Inc will pay its quarterly dividend of $0.34 on 9/24/18, Golar LNG Ltd will pay its quarterly dividend of $0.125 on 10/3/18, and Patterson-UTI Energy Inc. will pay its quarterly dividend of $0.04 on 9/20/18. As a percentage of WMB's recent stock price of $29.52, this dividend works out to approximately 1.15%, so look for shares of Williams Cos Inc to trade 1.15% lower - all else being equal - when WMB shares open for trading on 9/6/18. Similarly, investors should look for GLNG to open 0.49% lower in price and for PTEN to open 0.23% lower, all else being equal.

Below are dividend history charts for WMB, GLNG, and PTEN, showing historical dividends prior to the most recent ones declared.

Williams Cos Inc (Symbol: WMB) :

WMB+Dividend+History+Chart

Golar LNG Ltd (Symbol: GLNG) :

GLNG+Dividend+History+Chart

Patterson-UTI Energy Inc. (Symbol: PTEN) :

PTEN+Dividend+History+Chart

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 4.61% for Williams Cos Inc , 1.95% for Golar LNG Ltd, and 0.94% for Patterson-UTI Energy Inc..

In Tuesday trading, Williams Cos Inc shares are currently down about 0.2%, Golar LNG Ltd shares are up about 0.1%, and Patterson-UTI Energy Inc. 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 Nasdaq, Inc.



This article appears in: Investing , Options
Referenced Symbols: WMB , GLNG , PTEN



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