Ex-Div Reminder for SemGroup (SEMG)

Looking at the universe of stocks we cover at Dividend Channel, on 11/13/19, SemGroup Corp (Symbol: SEMG) will trade ex-dividend, for its quarterly dividend of $0.4725, payable on 11/21/19. As a percentage of SEMG's recent stock price of $15.93, this dividend works out to approximately 2.97%, so look for shares of SemGroup Corp to trade 2.97% lower — all else being equal — when SEMG shares open for trading on 11/13/19.

{{ InlineImage1 }}

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SEMG is likely to continue, and whether the current estimated yield of 11.86% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SEMG shares, versus its 200 day moving average:

{{ InlineImage2 }}

Looking at the chart above, SEMG's low point in its 52 week range is $8.10 per share, with $18.50 as the 52 week high point — that compares with a last trade of $15.91.

In Monday trading, SemGroup Corp shares are currently down about 0.9% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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.
Top 25 Broker Analyst Picks of the S&P 500 The DividendRank Canada Top 25 10 ETFs With Stocks That Insiders Are Buying More articles by this source
Stocks Mentioned

Latest Articles

Data is currently not available