Cash Dividend On The Way From Enbridge Energy Partners
Looking at the universe of stocks we cover at Dividend Channel , on 8/6/18, Enbridge Energy Partners, L.P. (Symbol: EEP) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 8/14/18. As a percentage of EEP's recent stock price of $11.37, this dividend works out to approximately 3.08%, so look for shares of Enbridge Energy Partners, L.P. to trade 3.08% lower - all else being equal - when EEP shares open for trading on 8/6/18.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EEP is likely to continue, and whether the current estimated yield of 12.31% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EEP shares, versus its 200 day moving average:
Looking at the chart above, EEP's low point in its 52 week range is $8.89 per share, with $16.34 as the 52 week high point - that compares with a last trade of $11.46.
In Thursday trading, Enbridge Energy Partners, L.P. shares are currently up about 0.4% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.