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Ex-Dividend Reminder: TC PipeLines, EQT GP Holdings and EQT Midstream Partners

Looking at the universe of stocks we cover at Dividend Channel , on 5/3/17, TC PipeLines, LP (Symbol: TCP), EQT GP Holdings LP (Symbol: EQGP), and EQT Midstream Partners LP (Symbol: EQM) will all trade ex-dividend for their respective upcoming dividends. TC PipeLines, LP will pay its quarterly dividend of $0.94 on 5/15/17, EQT GP Holdings LP will pay its quarterly dividend of $0.191 on 5/24/17, and EQT Midstream Partners LP will pay its quarterly dividend of $0.89 on 5/15/17. As a percentage of TCP's recent stock price of $60.54, this dividend works out to approximately 1.55%, so look for shares of TC PipeLines, LP to trade 1.55% lower - all else being equal - when TCP shares open for trading on 5/3/17. Similarly, investors should look for EQGP to open 0.70% lower in price and for EQM to open 1.14% lower, all else being equal.

Below are dividend history charts for TCP, EQGP, and EQM, showing historical dividends prior to the most recent ones declared.

TC PipeLines, LP (Symbol: TCP) :

TCP+Dividend+History+Chart

EQT GP Holdings LP (Symbol: EQGP) :

EQGP+Dividend+History+Chart

EQT Midstream Partners LP (Symbol: EQM) :

EQM+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 6.21% for TC PipeLines, LP, 2.80% for EQT GP Holdings LP, and 4.55% for EQT Midstream Partners LP.

In Monday trading, TC PipeLines, LP shares are currently trading flat, EQT GP Holdings LP shares are up about 0.4%, and EQT Midstream Partners LP shares are trading flat 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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