Markets
BSM

Ex-Dividend Reminder: Grace, Carlisle Companies and Black Stone Minerals

Looking at the universe of stocks we cover at Dividend Channel , on 11/15/16, Grace & Co (Symbol: GRA), Carlisle Companies Inc. (Symbol: CSL), and Black Stone Minerals LP (Symbol: BSM) will all trade ex-dividend for their respective upcoming dividends. Grace & Co will pay its quarterly dividend of $0.17 on 12/8/16, Carlisle Companies Inc. will pay its quarterly dividend of $0.35 on 12/1/16, and Black Stone Minerals LP will pay its quarterly dividend of $0.2875 on 11/25/16. As a percentage of GRA's recent stock price of $69.95, this dividend works out to approximately 0.24%, so look for shares of Grace & Co to trade 0.24% lower - all else being equal - when GRA shares open for trading on 11/15/16. Similarly, investors should look for CSL to open 0.31% lower in price and for BSM to open 1.62% lower, all else being equal.

Below are dividend history charts for GRA, CSL, and BSM, showing historical dividends prior to the most recent ones declared.

Grace & Co (Symbol: GRA) :

GRA+Dividend+History+Chart

Carlisle Companies Inc. (Symbol: CSL) :

CSL+Dividend+History+Chart

Black Stone Minerals LP (Symbol: BSM) :

BSM+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 0.97% for Grace & Co, 1.25% for Carlisle Companies Inc., and 6.48% for Black Stone Minerals LP.

In Friday trading, Grace & Co shares are currently up about 0.1%, Carlisle Companies Inc. shares are up about 0.2%, and Black Stone Minerals LP shares are down 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.

In This Story

BSM CSL GRA

Other Topics

Options