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Ex-Dividend Reminder: Phillips 66 Partners, Energy Transfer Partners and Rose Rock Midstream

Apr 29 2014, 10:03am CDT | by

Looking at the universe of stocks we cover at Dividend Channel, on 5/1/14, Phillips 66 Partners LP (NYSE: PSXP), Energy Transfer Partners L P (NYSE: ETP), and Rose Rock Midstream L P (NYSE: RRMS)...

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17 weeks ago

Ex-Dividend Reminder: Phillips 66 Partners, Energy Transfer Partners and Rose Rock Midstream

Apr 29 2014, 10:03am CDT | by

Looking at the universe of stocks we cover at Dividend Channel, on 5/1/14, Phillips 66 Partners LP (NYSE: PSXP), Energy Transfer Partners L P (NYSE: ETP), and Rose Rock Midstream L P (NYSE: RRMS) will all trade ex-dividend for their respective upcoming dividends. Phillips 66 Partners LP will pay its quarterly dividend of $0.2743 on 5/13/14, Energy Transfer Partners L P will pay its quarterly dividend of $0.935 on 5/15/14, and Rose Rock Midstream L P will pay its quarterly dividend of $0.495 on 5/15/14.

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

As a percentage of PSXP’s recent stock price of $55.00, this dividend works out to approximately 0.50%, so look for shares of Phillips 66 Partners LP to trade 0.50% lower — all else being equal — when PSXP shares open for trading on 5/1/14. Similarly, investors should look for ETP to open 1.70% lower in price and for RRMS to open 1.19% lower, all else being equal.

Below are dividend history charts for PSXP, ETP, and RRMS, showing historical dividends prior to the most recent ones declared.

Phillips 66 Partners LP (NYSE: PSXP):

Energy Transfer Partners L P (NYSE: ETP):

Rose Rock Midstream L P (NYSE: RRMS):

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 1.99% for Phillips 66 Partners LP, 6.80% for Energy Transfer Partners L P, and 4.74% for Rose Rock Midstream L P.


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In Tuesday trading, Phillips 66 Partners LP shares are currently up about 0.3%, Energy Transfer Partners L P shares are off about 0.4%, and Rose Rock Midstream L P shares are up about 0.6% on the day.

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Update
2

3 days ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing th ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

4 days ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies o ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

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