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Ex-Dividend Reminder: CONSOL Energy, Alcoa and PBF Energy

This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 5/8/14, CONSOL Energy Inc (NYSE: CNX), Alcoa , Inc. (NYSE: AA), and PBF Energy Inc (NYSE: PBF) will all trade ex-dividend for their respective upcoming dividends. CONSOL Energy Inc will pay its quarterly dividend of $0.0625 on 5/30/14, Alcoa, Inc. will pay its quarterly dividend of $0.03 on 5/27/14, and PBF Energy Inc will pay its quarterly dividend of $0.30 on 5/29/14.

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As a percentage of CNX's recent stock price of $44.01, this dividend works out to approximately 0.14%, so look for shares of CONSOL Energy Inc to trade 0.14% lower — all else being equal — when CNX shares open for trading on 5/8/14. Similarly, investors should look for AA to open 0.22% lower in price and for PBF to open 0.94% lower, all else being equal.

Below are dividend history charts for CNX, AA, and PBF, showing historical dividends prior to the most recent ones declared.

CONSOL Energy Inc (NYSE: CNX):

Alcoa, Inc. (NYSE: AA):

PBF Energy Inc (NYSE: PBF):

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 0.57% for CONSOL Energy Inc, 0.89% for Alcoa, Inc., and 3.76% for PBF Energy Inc.


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In Tuesday trading, CONSOL Energy Inc shares are currently up about 0.1%, Alcoa, Inc. shares are off about 0.7%, and PBF Energy Inc shares are up about 1.3% on the day.