BIP

Ex-Dividend Reminder: Brookfield Infrastructure Partners, RLI and Ellington Financial

Looking at the universe of stocks we cover at Dividend Channel, on 11/29/23, Brookfield Infrastructure Partners LP (Symbol: BIP), RLI Corp (Symbol: RLI), and Ellington Financial Inc (Symbol: EFC) will all trade ex-dividend for their respective upcoming dividends. Brookfield Infrastructure Partners LP will pay its quarterly dividend of $0.3825 on 12/29/23, RLI Corp will pay its quarterly dividend of $0.27 on 12/20/23, and Ellington Financial Inc will pay its monthly dividend of $0.15 on 12/26/23. As a percentage of BIP's recent stock price of $27.19, this dividend works out to approximately 1.41%, so look for shares of Brookfield Infrastructure Partners LP to trade 1.41% lower — all else being equal — when BIP shares open for trading on 11/29/23. Similarly, investors should look for RLI to open 0.20% lower in price and for EFC to open 1.15% lower, all else being equal.

Below are dividend history charts for BIP, RLI, and EFC, showing historical dividends prior to the most recent ones declared.

Brookfield Infrastructure Partners LP (Symbol: BIP):

BIP+Dividend+History+Chart

RLI Corp (Symbol: RLI):

RLI+Dividend+History+Chart

Ellington Financial Inc (Symbol: EFC):

EFC+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 5.63% for Brookfield Infrastructure Partners LP, 0.78% for RLI Corp, and 13.76% for Ellington Financial Inc.

In Monday trading, Brookfield Infrastructure Partners LP shares are currently up about 1%, RLI Corp shares are up about 0.3%, and Ellington Financial Inc shares are up about 0.2% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:
• Alphabetical List of All Hedge Funds
• ITEK Historical Stock Prices
• Las Vegas Sands RSI

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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