Looking at the universe of stocks we cover at Dividend Channel, on 2/4/15, Alcoa, Inc. (NYSE: AA), Peabody Energy Corp (NYSE: BTU), and Alliance Resource Partners LP (NASD: ARLP) will all trade ex-dividend for their respective upcoming dividends. Alcoa, Inc. will pay its quarterly dividend of $0.03 on 2/25/15, Peabody Energy Corp will pay its quarterly dividend of $0.0025 on 2/26/15, and Alliance Resource Partners LP will pay its quarterly dividend of $0.65 on 2/13/15.
As a percentage of AA's recent stock price of $15.81, this dividend works out to approximately 0.19%, so look for shares of Alcoa, Inc. to trade 0.19% lower — all else being equal — when AA shares open for trading on 2/4/15. Similarly, investors should look for BTU to open 0.04% lower in price and for ARLP to open 1.64% lower, all else being equal.
Below are dividend history charts for AA, BTU, and ARLP, showing historical dividends prior to the most recent ones declared.
Alcoa, Inc. (NYSE: AA):
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 0.76% for Alcoa, Inc., 0.16% for Peabody Energy Corp, and 6.54% for Alliance Resource Partners LP.
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In Monday trading, Alcoa, Inc. shares are currently up about 1%, Peabody Energy Corp shares are up about 1.7%, and Alliance Resource Partners LP shares are off about 0.1% on the day.
