Looking at the universe of stocks we cover at Dividend Channel , on 7/29/14, Adtran, Inc. (Symbol: ADTN), Golar LNG Partners LP (Symbol: GMLP), and El Paso Pipeline Partners LP (Symbol: EPB) will all trade ex-dividend for their respective upcoming dividends. Adtran, Inc. will pay its quarterly dividend of $0.09 on 8/14/14, Golar LNG Partners LP will pay its quarterly dividend of $0.5475 on 8/12/14, and El Paso Pipeline Partners LP will pay its quarterly dividend of $0.65 on 8/14/14. As a percentage of ADTN's recent stock price of $22.07, this dividend works out to approximately 0.41%, so look for shares of Adtran, Inc. to trade 0.41% lower - all else being equal - when ADTN shares open for trading on 7/29/14. Similarly, investors should look for GMLP to open 1.56% lower in price and for EPB to open 1.80% lower, all else being equal.
Below are dividend history charts for ADTN, GMLP, and EPB, showing historical dividends prior to the most recent ones declared.
Adtran, Inc. (Symbol: ADTN) :
Golar LNG Partners LP (Symbol: GMLP) :
El Paso Pipeline Partners LP (Symbol: EPB) :
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 1.63% for Adtran, Inc., 6.24% for Golar LNG Partners LP, and 7.21% for El Paso Pipeline Partners LP.
In Friday trading, Adtran, Inc. shares are currently down about 1.3%, Golar LNG Partners LP shares are down about 0.6%, and El Paso Pipeline Partners LP shares are up about 0.1% 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.