Looking at the universe of stocks we cover at Dividend Channel, on 4/28/15, Waste Connections, Inc. (NYSE: WCN), Dominion Diamond Corp (NYSE: DDC), and Western Gas Equity Partners LP (NYSE: WGP) will all trade ex-dividend for their respective upcoming dividends. Waste Connections, Inc. will pay its quarterly dividend of $0.13 on 5/14/15, Dominion Diamond Corp will pay its quarterly dividend of $0.40 on 5/21/15, and Western Gas Equity Partners LP will pay its quarterly dividend of $0.3425 on 5/22/15.
As a percentage of WCN's recent stock price of $46.12, this dividend works out to approximately 0.28%, so look for shares of Waste Connections, Inc. to trade 0.28% lower — all else being equal — when WCN shares open for trading on 4/28/15. Similarly, investors should look for DDC to open 2.07% lower in price and for WGP to open 0.53% lower, all else being equal.
Below are dividend history charts for WCN, DDC, and WGP, showing historical dividends prior to the most recent ones declared.
Waste Connections, Inc. (NYSE: WCN):
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 1.13% for Waste Connections, Inc., 8.29% for Dominion Diamond Corp, and 2.10% for Western Gas Equity Partners LP.
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In Friday trading, Waste Connections, Inc. shares are currently off about 0.2%, Dominion Diamond Corp shares are up about 1.1%, and Western Gas Equity Partners LP shares are up about 0.5% on the day.
