Stocks Trading Ex-Dividend on 2/1/2017

The following is a list of companies trading ex-dividend on Wednesday, February 1st:

Pfizer (NYSE: PFE) declared a quarterly dividend of $0.32 per share, or $1.28 annualized. This is a 6.7% increase from the prior dividend of $0.30. The dividend will be payable on March 1, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 3.9 percent.
Arconic (NYSE: ARNC) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. The dividend will be payable on February 25, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 1.1 percent.
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here. CMS Energy (NYSE: CMS) declared a quarterly dividend of $0.3325 per share, or $1.33 annualized. This is a 7.3% increase from the prior dividend of $0.31. The dividend will be payable on February 28, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 3.1 percent.
EQT Midstream Partners (NYSE: EQM) declared a quarterly dividend of $0.850 per share, or $3.4 annualized. This is a 4.3% increase from the prior dividend of $0.815. The dividend will be payable on February 14, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 4.5 percent.
NGL Energy Partners (NYSE: NGL) declared a quarterly dividend of $0.39 per share, or $1.56 annualized. The dividend will be payable on February 14, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 6.8 percent.“This is the fourth and final quarter of the temporary distribution reduction we announced last April,” stated Mike Krimbill, CEO of NGL. “Looking forward to the next four quarters and beyond, our management team expects to recommend a distribution of $1.76 per unit annualized for the quarter ending March 31, 2017 and to grow that distribution to $2.00 per unit annualized during the year. This would be 28% growth in distributions on an annualized basis for next year. Additionally, based upon current market conditions and commodity prices, we would expect to grow our distribution approximately 10% per year for the three years after fiscal 2018, while continuing to maintain our target distribution coverage of 1.3-1.5 times distributable cash flow. At this level, NGL would generate significant excess cash flow that would be re-invested into our business and used to reduce indebtedness. We have made tremendous progress on our projects and our balance sheet and with the successful start-up of the Grand Mesa pipeline and the various other projects recently completed or in progress, we see significant growth in our cash flows with minimal future capital investment required.”Additionally, the Board of Directors declared a distribution for the quarter ended December 31, 2016 to be paid to the holders of the Class A Preferred Units according to the terms outlined in the Partnership Agreement. The Class A Preferred distribution will also be made on February 14, 2017.
BlueKnight Energy Partners (Nasdaq: BKEP) declared a quarterly dividend of $0.1450 per share, or $0.58 annualized. The dividend will be payable on February 14, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 8 percent.
Brown & Brown (NYSE: BRO) declared a quarterly dividend of $0.1350 per share, or $0.54 annualized. The dividend will be payable on February 15, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 1.2 percent.
Tallgrass Energy Partners (NYSE: TEP) declared a quarterly dividend of $0.815 per share, or $3.26 annualized. This is a 2.5% increase from the prior dividend of $0.795. The dividend will be payable on February 14, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 6.7 percent.
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here. Heidrick & Struggles (Nasdaq: HSII) declared a quarterly dividend of $0.13 per share, or $0.52 annualized. The dividend will be payable on February 17, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 2.4 percent.
Oritani Financial (Nasdaq: ORIT) declared a quarterly dividend of $0.175 per share, or $0.7 annualized. The dividend will be payable on February 17, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 4.1 percent.
Capitol Federal Financial (Nasdaq: CFFN) declared a quarterly dividend of $0.085 per share, or $0.34 annualized. The dividend will be payable on February 17, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 2.1 percent.
First Community Bancshares (Nasdaq: FCBC) declared a quarterly dividend of $0.16 per share, or $0.64 annualized. The dividend will be payable on February 17, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 2.1 percent.
Wells Fargo (NYSE: WFC) declared a quarterly dividend of $0.38 per share, or $1.52 annualized. The dividend will be payable on March 1, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 2.8 percent.
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here. Magellan Midstream Partners (NYSE: MMP) declared a quarterly dividend of $0.855 per share, or $3.42 annualized. This is a 2.1% increase from the prior dividend of $0.8375. The dividend will be payable on February 14, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 4.4 percent.
Southwest Bancorp (Nasdaq: OKSB) declared a quarterly dividend of $0.08 per share, or $0.32 annualized. The dividend will be payable on February 17, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 1.1 percent.
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here. Williams Partners (NYSE: WPZ) declared a quarterly dividend of $0.85 per share, or $3.4 annualized. The dividend will be payable on February 10, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 8.5 percent.
Hope Bancorp, Inc. (Nasdaq: HOPE) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. The dividend will be payable on February 17, 2017, to stockholders of record on February 3, 2017, with an ex-dividend date of February 1, 2017. The annual yield on the dividend is 2.2 percent.... Read more