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Ex-Dividend Reminder: Western Gas Equity Partners, Western Gas Partners and Valero Energy Partners

Looking at the universe of stocks we cover at Dividend Channel , on 1/31/17, Western Gas Equity Partners LP (Symbol: WGP), Western Gas Partners LP (Symbol: WES), and Valero Energy Partners LP (Symbol: VLP) will all trade ex-dividend for their respective upcoming dividends. Western Gas Equity Partners LP will pay its quarterly dividend of $0.4625 on 2/22/17, Western Gas Partners LP will pay its quarterly dividend of $0.86 on 2/13/17, and Valero Energy Partners LP will pay its quarterly dividend of $0.4065 on 2/10/17. As a percentage of WGP's recent stock price of $46.05, this dividend works out to approximately 1.00%, so look for shares of Western Gas Equity Partners LP to trade 1.00% lower - all else being equal - when WGP shares open for trading on 1/31/17. Similarly, investors should look for WES to open 1.34% lower in price and for VLP to open 0.83% lower, all else being equal.

Below are dividend history charts for WGP, WES, and VLP, showing historical dividends prior to the most recent ones declared.

Western Gas Equity Partners LP (Symbol: WGP) :

WGP+Dividend+History+Chart

Western Gas Partners LP (Symbol: WES) :

WES+Dividend+History+Chart

Valero Energy Partners LP (Symbol: VLP) :

VLP+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 4.02% for Western Gas Equity Partners LP, 5.37% for Western Gas Partners LP, and 3.32% for Valero Energy Partners LP.

In Friday trading, Western Gas Equity Partners LP shares are currently up about 0.2%, Western Gas Partners LP shares are trading flat, and Valero Energy 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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