Looking at the universe of stocks we cover at Dividend Channel , on 6/14/17, Canadian Natural Resources Ltd. (Symbol: CNQ), Hess Corp (Symbol: HES), and Golar LNG Ltd (Symbol: GLNG) will all trade ex-dividend for their respective upcoming dividends. Canadian Natural Resources Ltd. will pay its quarterly dividend of $0.275 on 7/1/17, Hess Corp will pay its quarterly dividend of $0.25 on 6/30/17, and Golar LNG Ltd will pay its quarterly dividend of $0.05 on 7/5/17. As a percentage of CNQ's recent stock price of $30.07, this dividend works out to approximately 0.91%, so look for shares of Canadian Natural Resources Ltd. to trade 0.91% lower - all else being equal - when CNQ shares open for trading on 6/14/17. Similarly, investors should look for HES to open 0.54% lower in price and for GLNG to open 0.21% lower, all else being equal.
Below are dividend history charts for CNQ, HES, and GLNG, showing historical dividends prior to the most recent ones declared.
Canadian Natural Resources Ltd. (Symbol: CNQ) :
Hess Corp (Symbol: HES) :
Golar LNG Ltd (Symbol: GLNG) :
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 3.66% for Canadian Natural Resources Ltd., 2.15% for Hess Corp, and 0.85% for Golar LNG Ltd.
In Monday trading, Canadian Natural Resources Ltd. shares are currently up about 2.8%, Hess Corp shares are up about 2.1%, and Golar LNG Ltd shares are up about 3% 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.