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Ex-Dividend Reminder: Arconic, Teekay LNG Partners and NGL Energy Partners

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Looking at the universe of stocks we cover at Dividend Channel , on 2/1/17, Arconic Inc (Symbol: ARNC), Teekay LNG Partners LP (Symbol: TGP), and NGL Energy Partners LP (Symbol: NGL) will all trade ex-dividend for their respective upcoming dividends. Arconic Inc will pay its quarterly dividend of $0.06 on 2/25/17, Teekay LNG Partners LP will pay its quarterly dividend of $0.14 on 2/10/17, and NGL Energy Partners LP will pay its quarterly dividend of $0.39 on 2/14/17. As a percentage of ARNC's recent stock price of $22.63, this dividend works out to approximately 0.27%, so look for shares of Arconic Inc to trade 0.27% lower - all else being equal - when ARNC shares open for trading on 2/1/17. Similarly, investors should look for TGP to open 0.75% lower in price and for NGL to open 1.61% lower, all else being equal.

Below are dividend history charts for ARNC, TGP, and NGL, showing historical dividends prior to the most recent ones declared.

Arconic Inc (Symbol: ARNC) :

ARNC+Dividend+History+Chart

Teekay LNG Partners LP (Symbol: TGP) :

TGP+Dividend+History+Chart

NGL Energy Partners LP (Symbol: NGL) :

NGL+Dividend+History+Chart

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 1.06% for Arconic Inc, 3.00% for Teekay LNG Partners LP, and 6.45% for NGL Energy Partners LP.

In Monday trading, Arconic Inc shares are currently up about 0.1%, Teekay LNG Partners LP shares are up about 0.3%, and NGL Energy Partners LP shares are down about 1.9% on the day.

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

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.

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