Markets

Cash Dividend On The Way From Spectra Energy Partners (SEP)

A generic image of money, charts and a laptop
Credit: Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 2/15/17, Spectra Energy Partners LP (Symbol: SEP) will trade ex-dividend, for its quarterly dividend of $0.6887, payable on 2/28/17. As a percentage of SEP's recent stock price of $45.41, this dividend works out to approximately 1.52%, so look for shares of Spectra Energy Partners LP to trade 1.52% lower - all else being equal - when SEP shares open for trading on 2/15/17.

SEP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SEP is likely to continue, and whether the current estimated yield of 6.07% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SEP shares, versus its 200 day moving average:

Spectra Energy Partners LP 200 Day Moving Average Chart

Looking at the chart above, SEP's low point in its 52 week range is $39.76 per share, with $50.48 as the 52 week high point - that compares with a last trade of $45.34.

According to the ETF Finder at ETF Channel, SEP makes up 3.17% of the MLP ETF (Symbol: MLPA) which is trading lower by about 0.3% on the day Monday.

In Monday trading, Spectra Energy Partners LP shares are currently up about 0.2% 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

MLPA

Other Topics

Options

Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More