Looking at the universe of stocks we cover at Dividend Channel, on 8/14/19, Grace & Co (Symbol: GRA), Enviva Partners LP (Symbol: EVA), and International Paper Co (Symbol: IP) will all trade ex-dividend for their respective upcoming dividends. Grace & Co will pay its quarterly dividend of $0.27 on 9/5/19, Enviva Partners LP will pay its quarterly dividend of $0.66 on 8/29/19, and International Paper Co will pay its quarterly dividend of $0.50 on 9/16/19. As a percentage of GRA's recent stock price of $65.91, this dividend works out to approximately 0.41%, so look for shares of Grace & Co to trade 0.41% lower — all else being equal — when GRA shares open for trading on 8/14/19. Similarly, investors should look for EVA to open 2.27% lower in price and for IP to open 1.27% lower, all else being equal.
Below are dividend history charts for GRA, EVA, and IP, showing historical dividends prior to the most recent ones declared.
Grace & Co (Symbol: GRA):
Enviva Partners LP (Symbol: EVA):
International Paper Co (Symbol: IP):
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 1.64% for Grace & Co, 9.09% for Enviva Partners LP, and 5.07% for International Paper Co.
In Monday trading, Grace & Co shares are currently off about 0.8%, Enviva Partners LP shares are down about 0.7%, and International Paper Co shares are off about 1.1% 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.