Looking at the universe of stocks we cover at Dividend Channel, on 8/31/16, Sealed Air Corp (NYSE: SEE), Westlake Chemical Corp (NYSE: WLK), and BHP Billiton Ltd. (NYSE: BHP) will all trade ex-dividend for their respective upcoming dividends. Sealed Air Corp will pay its quarterly dividend of $0.16 on 9/16/16, Westlake Chemical Corp will pay its quarterly dividend of $0.1906 on 9/20/16, and BHP Billiton Ltd. will pay its semi-annual dividend of $0.28 on 9/20/16.
As a percentage of SEE's recent stock price of $47.18, this dividend works out to approximately 0.34%, so look for shares of Sealed Air Corp to trade 0.34% lower — all else being equal — when SEE shares open for trading on 8/31/16. Similarly, investors should look for WLK to open 0.37% lower in price and for BHP to open 0.88% lower, all else being equal.
Below are dividend history charts for SEE, WLK, and BHP, showing historical dividends prior to the most recent ones declared.
Sealed Air Corp (NYSE: SEE):
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 1.36% for Sealed Air Corp, 1.49% for Westlake Chemical Corp, and 1.76% for BHP Billiton Ltd..
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In Monday trading, Sealed Air Corp shares are currently up about 0.7%, Westlake Chemical Corp shares are up about 0.2%, and BHP Billiton Ltd. shares are off about 0.7% on the day.
