Looking at the universe of stocks we cover at Dividend Channel, on 8/27/14, Barrick Gold Corp. (NYSE: ABX), Stepan Co. (NYSE: SCL), and Crescent Point Energy Corp (NYSE: CPG) will all trade ex-dividend for their respective upcoming dividends. Barrick Gold Corp. will pay its quarterly dividend of $0.05 on 9/15/14, Stepan Co. will pay its quarterly dividend of $0.17 on 9/15/14, and Crescent Point Energy Corp will pay its monthly dividend of $0.23 on 9/15/14.
As a percentage of ABX's recent stock price of $18.17, this dividend works out to approximately 0.28%, so look for shares of Barrick Gold Corp. to trade 0.28% lower — all else being equal — when ABX shares open for trading on 8/27/14. Similarly, investors should look for SCL to open 0.35% lower in price and for CPG to open 0.57% lower, all else being equal.
Below are dividend history charts for ABX, SCL, and CPG, showing historical dividends prior to the most recent ones declared.
Barrick Gold Corp. (NYSE: ABX):
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 1.10% for Barrick Gold Corp., 1.41% for Stepan Co., and 6.78% for Crescent Point Energy Corp.
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In Monday trading, Barrick Gold Corp. shares are currently down about 0.4%, Stepan Co. shares are up about 0.1%, and Crescent Point Energy Corp shares are down about 0.8% on the day.
