Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 5/7/15, Papa John's International, Inc. (Symbol: PZZA), American Water Works Co, Inc. (Symbol: AWK), and AmeriGas Partners, L.P. (Symbol: APU) will all trade ex-dividend for their respective upcoming dividends. Papa John's International, Inc. will pay its quarterly dividend of $0.14 on 5/22/15, American Water Works Co, Inc. will pay its quarterly dividend of $0.34 on 6/1/15, and AmeriGas Partners, L.P. will pay its quarterly dividend of $0.92 on 5/18/15. As a percentage of PZZA's recent stock price of $61.51, this dividend works out to approximately 0.23%, so look for shares of Papa John's International, Inc. to trade 0.23% lower - all else being equal - when PZZA shares open for trading on 5/7/15. Similarly, investors should look for AWK to open 0.63% lower in price and for APU to open 1.88% lower, all else being equal.
Below are dividend history charts for PZZA, AWK, and APU, showing historical dividends prior to the most recent ones declared.
Papa John's International, Inc. (Symbol: PZZA) :
American Water Works Co, Inc. (Symbol: AWK) :
AmeriGas Partners, L.P. (Symbol: APU) :
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 0.91% for Papa John's International, Inc., 2.51% for American Water Works Co, Inc., and 7.52% for AmeriGas Partners, L.P..
In Tuesday trading, Papa John's International, Inc. shares are currently down about 1.8%, American Water Works Co, Inc. shares are off about 0.7%, and AmeriGas Partners, L.P. shares are up about 0.5% on the day.
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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.
