Ex-Dividend Reminder: MPLX, Baker Hughes and Holly Energy Partners

Apr 29 2014, 10:04am CDT | by

Looking at the universe of stocks we cover at Dividend Channel, on 5/1/14, MPLX LP (NYSE: MPLX), Baker Hughes Inc. (NYSE: BHI), and Holly Energy Partners LP (NYSE: HEP) will all trade ex-dividend for their respective upcoming dividends. MPLX LP will pay its quarterly dividend of $0.3275 on 5/15/14, Baker Hughes Inc. will pay its quarterly dividend of $0.15 on 5/16/14, and Holly Energy Partners LP will pay its quarterly dividend of $0.5075 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 MPLX’s recent stock price of $54.81, this dividend works out to approximately 0.60%, so look for shares of MPLX LP to trade 0.60% lower — all else being equal — when MPLX shares open for trading on 5/1/14. Similarly, investors should look for BHI to open 0.21% lower in price and for HEP to open 1.56% lower, all else being equal.

Below are dividend history charts for MPLX, BHI, and HEP, showing historical dividends prior to the most recent ones declared.

MPLX LP (NYSE: MPLX):

Baker Hughes Inc. (NYSE: BHI):

Holly Energy Partners LP (NYSE: HEP):

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 2.39% for MPLX LP, 0.85% for Baker Hughes Inc., and 6.23% for Holly Energy Partners LP.


Special Offer: Add income and energy exposure to your portfolio with a 30 day free trial to Frank Bifulco’s Oil & Gas Income Portfolio

In Tuesday trading, MPLX LP shares are currently up about 1.5%, Baker Hughes Inc. shares are up about 1.7%, and Holly Energy Partners LP shares are off about 1% 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

Daily coffee may cut Alzheimer's risk by 20 percent
London, Nov 27 (IANS) Researchers have found that drinking up to five cups of coffee per day may help curb Alzheimer's risk by 20 percent.
 
 
Experimental Ebola vaccine safe, bolsters immunity
Washington, Nov 27 (IANS) An experimental vaccine to prevent Ebola virus disease has been found to be well-tolerated and produced immune system responses in all 20 healthy adults who received it in a Phase 1 clinical trial, researchers report.
 
 
Natural shield 11,000 km above Earth stops radiation
Washington, Nov 27 (IANS) In a pioneering feat, researchers from Massachusetts Institute of Technology (MIT) and University of Colorado in Boulder have discovered an invisible shield some 11,000 kms above Earth that works against the harmful radiation belt.
 
 
Nigerian opposition criticise government for currency devaluation
Abuja, Nov 27 (IANS) The All Progressives Congress(APC), Nigeria's main opposition party, Wednesday criticised the government for its move to devalue the country's currency naira.
 
 
 

Latest from the Network

Daily coffee may cut Alzheimer's risk by 20 percent
London, Nov 27 (IANS) Researchers have found that drinking up to five cups of coffee per day may help curb Alzheimer's risk by 20 percent. Caffeine in coffee helps prevent the formation of amyloid plaques and...
Read more on Celebrity Balla
 
Kindle Black Friday 2014 Deals Live Now
As expected Amazon will have a huge Black Friday sale on the Amazon Kindle eBook reader and the Amazon Kindle Fire Tablets. The Kindle Black Friday 2014 Deals are live now. Amazon will offer the Kindle Fire HD 6 for $79...
Read more on Black Friday Countdown
 
Mandzukic's hat-trick fires Atletico Madrid to pre-quarters
Madrid, Nov 27 (IANS) Atletico Madrid secured their place in the last 16 of the Champions League, thanks to a 4-0 win at home against Olympiacos at the Vicente Calderon Stadium here. Atletico kicked off the game...
Read more on Sport Balla
 
Atletico Mineiro clinch their first Copa do Brasil title
Belo Horizonte, Nov 27 (IANS) Atletico Mineiro clinched their first Copa do Brasil title by defeating local rivals Cruziero 3-0 on aggregate in the two-legged final. Brazil international striker Diego Tardelli struck...
Read more on Sport Balla
 
Australian batsman Phillip Hughes is dead
Sydney, Nov 27 (IANS) Australian batsman Phillip Hughes who was struck on the head by a cricket ball died in hospital, Cricket Australia (CA) said Thursday. The 25-year-old Hughes, who represented the national team in...
Read more on Sport Balla
 
Ex-minister claims proof of IS presence in Pakistan
Islamabad, Nov 27 (IANS) Former interior minister and Pakistan Peoples Party (PPP) leader Rehman Malik claimed he has evidence about the presence of the Islamic State (IS) militant group in Pakistan. "Prime Minister...
Read more on Politics Balla
 
AS Monaco stun Leverkusen 1-0 in Champions League
Berlin, Nov 27 (IANS) AS Monaco needed just one shot on target to beat Bayer Leverkusen 1-0 in an UEFA Champions League Group C match. Despite the second loss in Group C Leverkusen qualified for the last 16, thanks to...
Read more on Sport Balla
 
11 killed in coal mine explosion in China
Beijing, Nov 27 (IANS) At least 11 people were killed in a coal mine explosion in China's Guizhou province Thursday, media reported. The accident happened in Songlin coal mine in Songhe town of Pan county. At the time...
Read more on Politics Balla
 
James Cameron: New Avatar films will shock
James Cameron says the new 'Avatar' films will be ''bitchin'.'' The three sequels to the 2009 blockbuster are currently in pre-production as the screenwriter puts the finishing touches to the scripts, but has hinted...
Read more on Movie Balla
 
SAARC leaders gather at Nepal resort for retreat
Kathmandu, Nov 27 (IANS) Indian Prime Minister Narendra Modi flew in an Indian Air Force chopper to the Dhulikhel resort to join other South Asian leaders at the retreat there Thursday, the concluding day of the two-...
Read more on Politics Balla