Looking at the universe of stocks we cover at Dividend Channel, on 1/8/15, RPM International Inc (NYSE: RPM), LinnCo, LLC (NASD: LNCO), and Breitburn Energy Partners LP (NASD: BBEP) will all trade ex-dividend for their respective upcoming dividends. RPM International Inc will pay its quarterly dividend of $0.26 on 1/30/15, LinnCo, LLC will pay its monthly dividend of $0.1042 on 1/16/15, and Breitburn Energy Partners LP will pay its monthly dividend of $0.0833 on 1/16/15.
As a percentage of RPM's recent stock price of $45.87, this dividend works out to approximately 0.57%, so look for shares of RPM International Inc to trade 0.57% lower — all else being equal — when RPM shares open for trading on 1/8/15. Similarly, investors should look for LNCO to open 0.90% lower in price and for BBEP to open 1.21% lower, all else being equal.
Below are dividend history charts for RPM, LNCO, and BBEP, showing historical dividends prior to the most recent ones declared.
RPM International Inc (NYSE: RPM):
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 2.27% for RPM International Inc , 10.84% for LinnCo, LLC, and 14.55% for Breitburn Energy Partners LP.
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In Wednesday trading, RPM International Inc shares are currently down about 6.5%, LinnCo, LLC shares are up about 1.9%, and Breitburn Energy Partners LP shares are down about 0.4% on the day.
