As a percentage of GT's recent stock price of $31.25, this dividend works out to approximately 0.32%, so look for shares of Goodyear Tire & Rubber Co. to trade 0.32% lower — all else being equal — when GT shares open for trading on 10/28/16. Similarly, investors should look for TCP to open 1.69% lower in price and for KMI to open 0.59% lower, all else being equal.
Below are dividend history charts for GT, TCP, and KMI, showing historical dividends prior to the most recent ones declared.
Goodyear Tire & Rubber Co. (NASD: GT):
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 1.28% for Goodyear Tire & Rubber Co., 6.77% for TC PipeLines, LP, and 2.36% for Kinder Morgan Inc..
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In Wednesday trading, Goodyear Tire & Rubber Co. shares are currently up about 0.4%, TC PipeLines, LP shares are trading flat, and Kinder Morgan Inc. shares are down about 0.6% on the day.
