Looking at the universe of stocks we cover at Dividend Channel , on 10/29/15, Shell Midstream Partners LP (Symbol: SHLX), Noble Energy, Inc. (Symbol: NBL), and EnLink Midstream Partners LP (Symbol: ENLK) will all trade ex-dividend for their respective upcoming dividends. Shell Midstream Partners LP will pay its quarterly dividend of $0.205 on 11/12/15, Noble Energy, Inc. will pay its quarterly dividend of $0.18 on 11/16/15, and EnLink Midstream Partners LP will pay its quarterly dividend of $0.39 on 11/12/15. As a percentage of SHLX's recent stock price of $30.85, this dividend works out to approximately 0.66%, so look for shares of Shell Midstream Partners LP to trade 0.66% lower - all else being equal - when SHLX shares open for trading on 10/29/15. Similarly, investors should look for NBL to open 0.54% lower in price and for ENLK to open 2.36% lower, all else being equal.
Below are dividend history charts for SHLX, NBL, and ENLK, showing historical dividends prior to the most recent ones declared.
Shell Midstream Partners LP (Symbol: SHLX) :
Noble Energy, Inc. (Symbol: NBL) :
EnLink Midstream Partners LP (Symbol: ENLK) :
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 2.66% for Shell Midstream Partners LP, 2.15% for Noble Energy, Inc., and 9.45% for EnLink Midstream Partners LP.
In Tuesday trading, Shell Midstream Partners LP shares are currently down about 2.7%, Noble Energy, Inc. shares are down about 3%, and EnLink Midstream Partners LP shares are off about 2.2% 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.
