Credit: Shutterstock photoBlack Stone Minerals, L.P. ( BSM ) will begin trading ex-dividend on August 16, 2016. A cash dividend payment of $0.2875 per share is scheduled to be paid on August 25, 2016. Shareholders who purchased BSM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 9.52% increase over prior dividend payment. At the current stock price of $16.04, the dividend yield is 7.17%.
The previous trading day's last sale of BSM was $16.04, representing a -8.71% decrease from the 52 week high of $17.57 and a 49.77% increase over the 52 week low of $10.71.
BSM is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and TotalFinaElf, S.A. ( TOT ). BSM's current earnings per share, an indicator of a company's profitability, is $.01. Zacks Investment Research reports BSM's forecasted earnings growth in 2016 as -61.5%, compared to an industry average of -18.8%.
For more information on the declaration, record and payment dates, visit the BSM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.