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Ex-Dividend Reminder: EQT, Diamond Offshore Drilling and SemGroup

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Looking at the universe of stocks we cover at Dividend Channel , on 8/12/15, EQT Corp. (Symbol: EQT), Diamond Offshore Drilling, Inc. (Symbol: DO), and SemGroup Corp (Symbol: SEMG) will all trade ex-dividend for their respective upcoming dividends. EQT Corp. will pay its quarterly dividend of $0.03 on 9/1/15, Diamond Offshore Drilling, Inc. will pay its quarterly dividend of $0.125 on 9/1/15, and SemGroup Corp will pay its quarterly dividend of $0.42 on 8/25/15. As a percentage of EQT's recent stock price of $74.72, this dividend works out to approximately 0.04%, so look for shares of EQT Corp. to trade 0.04% lower - all else being equal - when EQT shares open for trading on 8/12/15. Similarly, investors should look for DO to open 0.56% lower in price and for SEMG to open 0.77% lower, all else being equal.

Below are dividend history charts for EQT, DO, and SEMG, showing historical dividends prior to the most recent ones declared.

EQT Corp. (Symbol: EQT) :

EQT+Dividend+History+Chart

Diamond Offshore Drilling, Inc. (Symbol: DO) :

DO+Dividend+History+Chart

SemGroup Corp (Symbol: SEMG) :

SEMG+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 0.16% for EQT Corp., 2.24% for Diamond Offshore Drilling, Inc., and 3.06% for SemGroup Corp.

In Monday trading, EQT Corp. shares are currently up about 0.6%, Diamond Offshore Drilling, Inc. shares are up about 1.3%, and SemGroup Corp shares are up about 0.2% 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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