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Ex-Dividend Reminder: ONEOK, CVR Energy and CVR Refining

Looking at the universe of stocks we cover at Dividend Channel , on 11/2/18, ONEOK Inc (Symbol: OKE), CVR Energy Inc (Symbol: CVI), and CVR Refining LP (Symbol: CVRR) will all trade ex-dividend for their respective upcoming dividends. ONEOK Inc will pay its quarterly dividend of $0.855 on 11/14/18, CVR Energy Inc will pay its quarterly dividend of $0.75 on 11/12/18, and CVR Refining LP will pay its quarterly dividend of $0.90 on 11/12/18. As a percentage of OKE's recent stock price of $65.56, this dividend works out to approximately 1.30%, so look for shares of ONEOK Inc to trade 1.30% lower - all else being equal - when OKE shares open for trading on 11/2/18. Similarly, investors should look for CVI to open 1.73% lower in price and for CVRR to open 4.64% lower, all else being equal.

Below are dividend history charts for OKE, CVI, and CVRR, showing historical dividends prior to the most recent ones declared.

ONEOK Inc (Symbol: OKE) :

OKE+Dividend+History+Chart

CVR Energy Inc (Symbol: CVI) :

CVI+Dividend+History+Chart

CVR Refining LP (Symbol: CVRR) :

CVRR+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 5.22% for ONEOK Inc, 6.93% for CVR Energy Inc, and 18.58% for CVR Refining LP.

In Wednesday trading, ONEOK Inc shares are currently up about 3.6%, CVR Energy Inc shares are up about 2.3%, and CVR Refining LP shares are up about 0.9% 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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