Looking at the universe of stocks we cover at Dividend Channel, on 2/5/20, NextEra Energy Partners LP (Symbol: NEP), Heritage Financial Corp (Symbol: HFWA), and Northwest Bancshares, Inc. (Symbol: NWBI) will all trade ex-dividend for their respective upcoming dividends. NextEra Energy Partners LP will pay its quarterly dividend of $0.535 on 2/14/20, Heritage Financial Corp will pay its quarterly dividend of $0.20 on 2/20/20, and Northwest Bancshares, Inc. will pay its quarterly dividend of $0.19 on 2/14/20. As a percentage of NEP's recent stock price of $56.63, this dividend works out to approximately 0.94%, so look for shares of NextEra Energy Partners LP to trade 0.94% lower — all else being equal — when NEP shares open for trading on 2/5/20. Similarly, investors should look for HFWA to open 0.77% lower in price and for NWBI to open 1.21% lower, all else being equal.
Below are dividend history charts for NEP, HFWA, and NWBI, showing historical dividends prior to the most recent ones declared.
NextEra Energy Partners LP (Symbol: NEP):
Heritage Financial Corp (Symbol: HFWA):
Northwest Bancshares, Inc. (Symbol: NWBI):
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 3.78% for NextEra Energy Partners LP, 3.07% for Heritage Financial Corp , and 4.82% for Northwest Bancshares, Inc. .
In Monday trading, NextEra Energy Partners LP shares are currently down about 0.2%, Heritage Financial Corp shares are up about 1.2%, and Northwest Bancshares, Inc. shares are up about 0.2% 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.