Looking at the universe of stocks we cover at Dividend Channel , on 8/9/18, American Electric Power Co Inc (Symbol: AEP), AmeriGas Partners LP (Symbol: APU), and American Water Works Co, Inc. (Symbol: AWK) will all trade ex-dividend for their respective upcoming dividends. American Electric Power Co Inc will pay its quarterly dividend of $0.62 on 9/10/18, AmeriGas Partners LP will pay its quarterly dividend of $0.95 on 8/17/18, and American Water Works Co, Inc. will pay its quarterly dividend of $0.455 on 9/4/18. As a percentage of AEP's recent stock price of $70.77, this dividend works out to approximately 0.88%, so look for shares of American Electric Power Co Inc to trade 0.88% lower - all else being equal - when AEP shares open for trading on 8/9/18. Similarly, investors should look for APU to open 2.34% lower in price and for AWK to open 0.52% lower, all else being equal.
Below are dividend history charts for AEP, APU, and AWK, showing historical dividends prior to the most recent ones declared.
American Electric Power Co Inc (Symbol: AEP) :
AmeriGas Partners LP (Symbol: APU) :
American Water Works Co, Inc. (Symbol: AWK) :
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 3.50% for American Electric Power Co Inc, 9.35% for AmeriGas Partners LP, and 2.07% for American Water Works Co, Inc..
In Tuesday trading, American Electric Power Co Inc shares are currently off about 0.7%, AmeriGas Partners LP shares are down about 0.4%, and American Water Works Co, Inc. shares are off about 0.5% on the day.
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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.
