Looking at the universe of stocks we cover at Dividend Channel , on 8/9/18, Westlake Chemical Partners LP (Symbol: WLKP), BP PLC (Symbol: BP), and EQT Corp (Symbol: EQT) will all trade ex-dividend for their respective upcoming dividends. Westlake Chemical Partners LP will pay its quarterly dividend of $0.4088 on 8/24/18, BP PLC will pay its quarterly dividend of $0.615 on 9/21/18, and EQT Corp will pay its quarterly dividend of $0.03 on 9/1/18. As a percentage of WLKP's recent stock price of $27.50, this dividend works out to approximately 1.49%, so look for shares of Westlake Chemical Partners LP to trade 1.49% lower - all else being equal - when WLKP shares open for trading on 8/9/18. Similarly, investors should look for BP to open 1.37% lower in price and for EQT to open 0.06% lower, all else being equal.
Below are dividend history charts for WLKP, BP, and EQT, showing historical dividends prior to the most recent ones declared.
Westlake Chemical Partners LP (Symbol: WLKP) :
BP PLC (Symbol: BP) :
EQT Corp (Symbol: EQT) :
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 5.95% for Westlake Chemical Partners LP, 5.47% for BP PLC, and 0.24% for EQT Corp.
In Tuesday trading, Westlake Chemical Partners LP shares are currently up about 0.2%, BP PLC shares are up about 1.9%, and EQT Corp shares are up about 0.9% 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.
