Ex-Dividend Reminder: Celanese, Calumet Specialty Product Partners and Enerplus

Apr 29 2014, 10:04am CDT | by

Looking at the universe of stocks we cover at Dividend Channel, on 5/1/14, Celanese Corp (NYSE: CE), Calumet Specialty Product Partners LP (NASD: CLMT), and Enerplus Corp (NYSE: ERF) will all trade ex-dividend for their respective upcoming dividends. Celanese Corp will pay its quarterly dividend of $0.25 on 5/16/14, Calumet Specialty Product Partners LP will pay its quarterly dividend of $0.685 on 5/15/14, and Enerplus Corp will pay its monthly dividend of $0.09 on 5/20/14.

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 CE’s recent stock price of $60.18, this dividend works out to approximately 0.42%, so look for shares of Celanese Corp to trade 0.42% lower — all else being equal — when CE shares open for trading on 5/1/14. Similarly, investors should look for CLMT to open 2.34% lower in price and for ERF to open 0.41% lower, all else being equal.

Below are dividend history charts for CE, CLMT, and ERF, showing historical dividends prior to the most recent ones declared.

Celanese Corp (NYSE: CE):

Calumet Specialty Product Partners LP (NASD: CLMT):

Enerplus Corp (NYSE: ERF):

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 1.66% for Celanese Corp , 9.37% for Calumet Specialty Product Partners LP, and 4.87% for Enerplus Corp.


Special Offer: Find out what Dave Moenning is holding in the Top 5 Portfolio with a free 30 day trial and a 20% off coupon from Forbes.

In Tuesday trading, Celanese Corp shares are currently up about 0.8%, Calumet Specialty Product Partners LP shares are up about 0.5%, and Enerplus Corp shares are up about 1.6% on the day.

/>/>
 
 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Britain deploys military helicopters to aid for Ebola-hit Sierra Leone
London, Nov 27 (IANS) Britain has deployed Royal Navy helicopters to deliver materials to northern Sierra Leone as the part of its ongoing efforts to tackle Ebola, the British Department for International Development (DFID) said Wednesday.
 
 
Pakistan blocks three Saarc connectivity pacts; Modi, Sharif avoid meeting (Intro Roundup)
Kathmandu, Nov 26 (IANS) Pakistan Wednesday played spoilsport by blocking three major Saarc connectivity projects initiated by India, even as Indian Prime Minister Narendra Modi conspicuously avoided meeting his Pakistani counterpart Nawaz Sharif while he met five other South Asian leaders here.
 
 
Way out of debt crisis far from easy: Angela Merkel
Berlin, Nov 26 (IANS) German Chancellor Angela Merkel Wednesday said the way out of the European debt crisis is long and far from easy.
 
 
The Black Friday 2014 Sales You can Shop Today 11/26
The Black Friday 2014 Sales You can Shop Today 11/26
Over 20 Black Friday 2014 sales are already launched. Get the deals early to get your head free for the hard to get Black Friday deals to be released on Thanksgiving Day.
 
 
 

Latest from the Network

Kate Moss plans Christmas 'glow'
London, Nov 27 (IANS) Supermodel Kate Moss is planning to spice up her look by adding more colourful metallics and shimmer to her beauty regime to give her skin a festive glow. The 40-year-old has decided to undergo...
Read more on Celebrity Balla
 
Britain deploys military helicopters to aid for Ebola-hit Sierra Leone
London, Nov 27 (IANS) Britain has deployed Royal Navy helicopters to deliver materials to northern Sierra Leone as the part of its ongoing efforts to tackle Ebola, the British Department for International Development (...
Read more on Business Balla
 
Katie Holmes craves 'inspirational' romance
Katie Holmes can't imagine living in a world without romance. The 35-year-old actress - who was married to Hollywood superstar Tom Cruise from 2006 to 2012 - gave an interestingly cryptic answer when she was questioned...
Read more on Celebrity Balla
 
Angelina Jolie reveals her political ambitions
Angelina Jolie is open to a move into politics. The Oscar-winning actress recently spoke of her desire to spend more time behind the camera directing movies, but she's now also confirmed she'd be keen to enter politics...
Read more on Celebrity Balla
 
Andy Murray gets engaged to Kim Sears
Andy Murray is engaged to his long-time girlfriend Kim Sears. The former Wimbledon tennis champion and the 26-year-old beauty have been an item for more than nine years and their representatives have confirmed the...
Read more on Celebrity Balla
 
Bette Midler performs Ariana Grande U-turn
Bette Midler has backtracked on her criticism of Ariana Grande. The 'Wing Beneath My Wings' singer recently hit out at the 21-year-old star, saying she has a ''silly high voice'' and dresses in an overly-provocative way...
Read more on Celebrity Balla
 
Cumberbatch wants new title for fans
Los Angeles, Nov 27 (IANS) Actor Benedict Cumberbatch doesn't want his fans to be called as 'Cumberbitches'. He wants a different name for them. The 38-year-old, who has a dedicated following of female supporters who...
Read more on Celebrity Balla
 
Ridley Scott misses his younger brother
Los Angeles, Nov 27 (IANS) Filmmaker Ridley Scott terribly misses his younger brother Tony Scott, who committed suicide in August 2012. The 76-year-old has confessed that he got "very close" to his sibling before he...
Read more on Celebrity Balla
 
British couple arrested on suspicion of 'terror offences'
London, Nov 27 (IANS) A couple in Britain has been arrested on suspicion of Syria-related "terrorism offences", police said Wednesday. The West Midlands Police Wednesday said the couplefrom Walsall in central England...
Read more on Politics Balla
 
Putin says Russia to stay out of geopolitical conflict
Moscow, Nov 27 (IANS) Russian President Vladimir Putin said Wednesday Russia is not a threat to any other countries, vowing that Russia will stay out of any geopolitical conflict. "We are not threatening anyone and we...
Read more on Politics Balla