Ex-Dividend Reminder: West, PetroLogistics and Natural Resources Partners

Apr 29 2014, 10:04am CDT | by

Looking at the universe of stocks we cover at Dividend Channel, on 5/1/14, West Corp. (NASD: WSTC), PetroLogistics LP (NYSE: PDH), and Natural Resources Partners L.P. (NYSE: NRP) will all trade ex-dividend for their respective upcoming dividends. West Corp. will pay its quarterly dividend of $0.225 on 5/15/14, PetroLogistics LP will pay its quarterly dividend of $0.37 on 5/14/14, and Natural Resources Partners L.P. will pay its quarterly dividend of $0.35 on 5/14/14.

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 WSTC’s recent stock price of $24.91, this dividend works out to approximately 0.90%, so look for shares of West Corp. to trade 0.90% lower — all else being equal — when WSTC shares open for trading on 5/1/14. Similarly, investors should look for PDH to open 2.64% lower in price and for NRP to open 2.17% lower, all else being equal.

Below are dividend history charts for WSTC, PDH, and NRP, showing historical dividends prior to the most recent ones declared.

West Corp. (NASD: WSTC):

PetroLogistics LP (NYSE: PDH):

Natural Resources Partners L.P. (NYSE: NRP):

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 3.61% for West Corp., 10.54% for PetroLogistics LP, and 8.66% for Natural Resources Partners L.P..


Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation from Forbes.

In Tuesday trading, West Corp. shares are currently up about 0.7%, PetroLogistics LP shares are up about 1.9%, and Natural Resources Partners L.P. shares are up about 0.2% on the day.

/>/>
 
 
 

<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

The Winning Numbers in $1.6 Billion Powerball Drawing on Ticket in California
The Winning Numbers in $1.6 Billion Powerball Drawing on Ticket in California
The winning numbers in the record Powerball drawing on Wednesday are drawn.
 
 
Cyber Monday 2015 Takes Over
Cyber Monday 2015 Takes Over
Black Friday 2015 is history. Here come the Cyber Monday 2015 deals.
 
 
Amazon Black Friday 2015 Sale is Live: The Best Deals
Amazon Black Friday 2015 Sale is Live: The Best Deals
The Black Friday 2015 sale on Amazon is an 8 Day event.
 
 
Amazon Black Friday 2015 Deals Unveiled
Amazon Black Friday 2015 Deals Unveiled
The Black Friday 2015 Deals offered in the Amazon Black Friday 2015 Sale are here.