Looking at the universe of stocks we cover at Dividend Channel , on 3/8/18, BHP Billiton plc (Symbol: BBL), Occidental Petroleum Corp (Symbol: OXY), and SemGroup Corp (Symbol: SEMG) will all trade ex-dividend for their respective upcoming dividends. BHP Billiton plc will pay its semi-annual dividend of $1.10 on 3/27/18, Occidental Petroleum Corp will pay its quarterly dividend of $0.77 on 4/16/18, and SemGroup Corp will pay its quarterly dividend of $0.4725 on 3/19/18. As a percentage of BBL's recent stock price of $41.19, this dividend works out to approximately 2.67%, so look for shares of BHP Billiton plc to trade 2.67% lower - all else being equal - when BBL shares open for trading on 3/8/18. Similarly, investors should look for OXY to open 1.16% lower in price and for SEMG to open 2.09% lower, all else being equal.
Below are dividend history charts for BBL, OXY, and SEMG, showing historical dividends prior to the most recent ones declared.
BHP Billiton plc (Symbol: BBL) :
Occidental Petroleum Corp (Symbol: OXY) :
SemGroup Corp (Symbol: SEMG) :
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 5.34% for BHP Billiton plc, 4.66% for Occidental Petroleum Corp, and 8.36% for SemGroup Corp.
In Tuesday trading, BHP Billiton plc shares are currently up about 2.5%, Occidental Petroleum Corp shares are up about 0.3%, and SemGroup Corp shares are up about 0.7% 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.