Looking at the universe of stocks we cover at Dividend Channel, on 8/13/14, Innophos Holdings Inc (NASD: IPHS), Cimarex Energy Co (NYSE: XEC), and Phillips 66 (NYSE: PSX) will all trade ex-dividend for their respective upcoming dividends. Innophos Holdings Inc will pay its quarterly dividend of $0.48 on 8/29/14, Cimarex Energy Co will pay its quarterly dividend of $0.16 on 9/2/14, and Phillips 66 will pay its quarterly dividend of $0.50 on 9/2/14.
As a percentage of IPHS's recent stock price of $59.45, this dividend works out to approximately 0.81%, so look for shares of Innophos Holdings Inc to trade 0.81% lower — all else being equal — when IPHS shares open for trading on 8/13/14. Similarly, investors should look for XEC to open 0.11% lower in price and for PSX to open 0.60% lower, all else being equal.
Below are dividend history charts for IPHS, XEC, and PSX, showing historical dividends prior to the most recent ones declared.
Innophos Holdings Inc (NASD: IPHS):
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 3.23% for Innophos Holdings Inc, 0.46% for Cimarex Energy Co, and 2.39% for Phillips 66.
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In Monday trading, Innophos Holdings Inc shares are currently up about 0.4%, Cimarex Energy Co shares are up about 0.8%, and Phillips 66 shares are up about 0.9% on the day.
