Looking at the universe of stocks we cover at Dividend Channel, on 8/20/14, Equifax, Inc. (NYSE: EFX), Ritchie Bros. Auctioneers, Inc. (NYSE: RBA), and OCI Partners LP (NYSE: OCIP) will all trade ex-dividend for their respective upcoming dividends. Equifax, Inc. will pay its quarterly dividend of $0.25 on 9/15/14, Ritchie Bros. Auctioneers, Inc. will pay its quarterly dividend of $0.14 on 9/12/14, and OCI Partners LP will pay its quarterly dividend of $0.48 on 8/28/14.
As a percentage of EFX's recent stock price of $77.81, this dividend works out to approximately 0.32%, so look for shares of Equifax, Inc. to trade 0.32% lower — all else being equal — when EFX shares open for trading on 8/20/14. Similarly, investors should look for RBA to open 0.58% lower in price and for OCIP to open 2.49% lower, all else being equal.
Below are dividend history charts for EFX, RBA, and OCIP, showing historical dividends prior to the most recent ones declared.
Equifax, Inc. (NYSE: EFX):
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 1.29% for Equifax, Inc., 2.32% for Ritchie Bros. Auctioneers, Inc., and 9.97% for OCI Partners LP.
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In Monday trading, Equifax, Inc. shares are currently up about 0.7%, Ritchie Bros. Auctioneers, Inc. shares are up about 0.4%, and OCI Partners LP shares are up about 0.4% on the day.
