Looking at the universe of stocks we cover at Dividend Channel, on 8/1/14, Natural Resources Partners L.P. (NYSE: NRP), Celanese Corp (NYSE: CE), and Holly Energy Partners LP (NYSE: HEP) will all trade ex-dividend for their respective upcoming dividends. Natural Resources Partners L.P. will pay its quarterly dividend of $0.35 on 8/14/14, Celanese Corp will pay its quarterly dividend of $0.25 on 8/15/14, and Holly Energy Partners LP will pay its quarterly dividend of $0.515 on 8/14/14.
As a percentage of NRP's recent stock price of $16.89, this dividend works out to approximately 2.07%, so look for shares of Natural Resources Partners L.P. to trade 2.07% lower — all else being equal — when NRP shares open for trading on 8/1/14. Similarly, investors should look for CE to open 0.41% lower in price and for HEP to open 1.51% lower, all else being equal.
Below are dividend history charts for NRP, CE, and HEP, showing historical dividends prior to the most recent ones declared.
Natural Resources Partners L.P. (NYSE: NRP):
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 8.29% for Natural Resources Partners L.P., 1.65% for Celanese Corp , and 6.04% for Holly Energy Partners LP.
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In Wednesday trading, Natural Resources Partners L.P. shares are currently up about 0.9%, Celanese Corp shares are up about 0.7%, and Holly Energy Partners LP shares are up about 0.3% on the day.
