Looking at the universe of stocks we cover at Dividend Channel, on 4/29/15, Anheuser-Busch Inbev SA (NYSE: BUD), Legacy Reserves LP (NASD: LGCY), and Plains GP Holdings, L.P (NYSE: PAGP) will all trade ex-dividend for their respective upcoming dividends. Anheuser-Busch Inbev SA will pay its semi-annual dividend of $2.1736 on 5/20/15, Legacy Reserves LP will pay its quarterly dividend of $0.35 on 5/15/15, and Plains GP Holdings, L.P will pay its quarterly dividend of $0.222 on 5/15/15.
As a percentage of BUD's recent stock price of $125.11, this dividend works out to approximately 1.74%, so look for shares of Anheuser-Busch Inbev SA to trade 1.74% lower — all else being equal — when BUD shares open for trading on 4/29/15. Similarly, investors should look for LGCY to open 2.61% lower in price and for PAGP to open 0.75% lower, all else being equal.
Below are dividend history charts for BUD, LGCY, and PAGP, showing historical dividends prior to the most recent ones declared.
Anheuser-Busch Inbev SA (NYSE: BUD):
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 dividend yields from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.47% for Anheuser-Busch Inbev SA, 10.44% for Legacy Reserves LP, and 3.00% for Plains GP Holdings, L.P.
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In Monday trading, Anheuser-Busch Inbev SA shares are currently up about 1.1%, Legacy Reserves LP shares are up about 1.5%, and Plains GP Holdings, L.P shares are up about 0.7% on the day.
