Each day, companies across the globe announce new upcoming dividend payouts. Last week there were 27 securities that decreased dividends. You can find out the complete list of dividend increases, decreases, initiations, suspensions, updates and regular dividend announcements for a given day in our Dividend Payout Changes and Announcement tool.
Below we present an analysis of the stocks that decreased dividends last week. The latest payout is compared to the most recent payout to find out if there is a dividend decrease.
Following is a snapshot of the 10 major securities that decreased dividends last week.
| Ticker | Security | Company | Previous Payout | New Payout | Change | Ex-Dividend Date |
|---|---|---|---|---|---|---|
| (FGP ) | U.S. Equity | Ferrellgas Partners L.P. | $0.51 | $0.10 | 80.49% | 12/6/2016 |
| (SGA ) | U.S. Equity | Saga Communications, Inc. | $0.30 | $0.20 | 33.33% | 12/1/2016 |
| (SLF ) | Foreign Equity | Sun Life Financial | $0.41 | $0.31 | 23.19% | 11/28/2016 |
| (JHX) | Foreign Equity | James Hardie Industries SE | $0.29 | $0.10 | 65.52% | 12/19/2016 |
| (CPG ) | Foreign Equity | Crescent Point Energy Corp. | $0.02 | $0.02 | 2.63% | 11/28/2016 |
| (CWH ) | U.S. Equity | CommonWealth REIT | $0.25 | $0.08 | 68.00% | 12/5/2016 |
| (OSB ) | Foreign Equity | Norbord, Inc. | $0.10 | $0.07 | 26.00% | 11/29/2016 |
| (TAC ) | Foreign Equity | TransAlta Corp | $0.04 | $0.03 | 26.00% | 11/29/2016 |
| (BOXC) | Foreign Equity | Brookfield Canada Office Properties | $0.08 | $0.08 | 2.53% | 11/28/2016 |
| (FLTB ) | ETF | Fidelity Merrimack Street Trust | $0.06 | $0.05 | 26.98% | 11/28/2016 |
| (NOA ) | Foreign Equity | North American Energy Partners Inc. | $0.02 | $0.01 | 26.00% | 11/28/2016 |
The dividend capture strategy should not be applied to stocks that decrease/suspend dividend, as the probability of a decrease in price is higher for stocks that have decreased their payout post the ex-dividend date.
Stock That Suspended Its Dividend
| Ticker | Company Name | Security | Market Cap ($B) |
|---|---|---|---|
| (ROYT ) | Pacific Coast Oil Trust | U.S. Equity | $50.93 |
Pacific Coast Oil Trust is a monthly dividend payer that recently announced it won’t distribute a cash dividend in the month of December. ROYT is a trust that has assets that produce Californian crude oil. On account of its low production volume, its break-even cost has increased, which has affected the trust’s profitability. You can find the complete press release by the company regarding the payout decrease in December here.
The Highest and the Lowest Market-Cap Stocks
| Criteria | Securtiy | Ticker | Company Name | Market Cap ($B) | Annualized Payout | Previous Payout | Next Payout | Ex-Dividend Date | Yield | %-Off From 52-Week High |
|---|---|---|---|---|---|---|---|---|---|---|
| Highest Market Cap | Foreign Equity | (SLF ) | Sun Life Financial | $24.35 | $1.24 | $0.41 | $0.31 | 11/28/2016 | 3.14% | 0.68% |
| Lowest Market Cap | Foreign Equity | (NOA ) | North American Energy Partners Inc. | $0.11 | $0.06 | $0.02 | $0.01 | 11/28/2016 | 1.69% | 10.26% |
The Highest and the Lowest Dividend Yield Stocks
| Criteria | Securtiy | Ticker | Company Name | Market Cap ($B) | Annualized Payout | Previous Payout | Next Payout | Ex-Dividend Date | Yield | %-Off From 52-Week High |
|---|---|---|---|---|---|---|---|---|---|---|
| Highest Dividend Yield | U.S. Equity | (FGP ) | Ferrellgas Partners L.P. | $0.56 | $0.40 | $0.51 | $0.10 | 12/6/2016 | 6.11% | 68.81% |
| Lowest Dividend Yield | ETF | (FLTB ) | Fidelity Merrimack Street Trust | $0.12 | $0.55 | $0.06 | $0.05 | 11/28/2016 | 1.10% | 4.81% |
The Best and the Worst 52-Week Performance Stocks
| Criteria | Securtiy | Ticker | Company Name | Market Cap ($B) | Annualized Payout | Previous Payout | Next Payout | Ex-Dividend Date | Yield | %-Off From 52-Week High |
|---|---|---|---|---|---|---|---|---|---|---|
| Highest 52-Week Off | U.S. Equity | (FGP ) | Ferrellgas Partners L.P. | $0.56 | $0.40 | $0.51 | $0.10 | 12/6/2016 | 6.11% | 68.81% |
| Lowest 52-Week Off | U.S. Equity | (SGA ) | Saga Communications, Inc. | $0.28 | $0.80 | $0.30 | $0.20 | 12/1/2016 | 1.64% | 0.20% |
You can find out the latest ex-dividend dates for the stocks that interest you in our Ex-Dividend Date Search tool.
