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EV Energy Partners LP Message Board

  • ahawk_kudo ahawk_kudo Apr 13, 2011 11:12 AM Flag

    Dividend increase

    Any predictions on next dividend? I think it will be at least .82, if not more.

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    • Thanks, Rip! Appreciate the information and will act accordingly. Down here we have the Spurs and that's it. Great season..but went into the playoffs seeded #1 and got blown out by Memphis the #8 seeded team! Whatca going to do?! Thanks, Again..Johnny (Wait til next year!)

    • Hi Johnny -
      Own/have owned AGNC for a while now. Can't beat that divvy! Also have NLY and CIM in my 'folio.

      Check out NCZ, NCV if you like corporate preferreds (yield 10%).

      I don't have any real loyalties to any of the teams (not a native here) but they're all fun to watch!

    • I'd love to see .82 and don't find it unrealistic. My bank pays overnight...at least it places the dividend in my portfolio on the pay date. I'll post it on 5/13..although you'll no doubt have a handle on it before my Central time.

    • If you are expecting some kind of increase commensurate with the price appreication of the units, then you will be sorely disappointed, I think. First, you do not get deividends from EVEP. Please understand that what you get is a distribution. If you understand that , then you will be more likely to understand the BASIS for any future "dividend" inreaases. It's based on the amount of cash passing through the partnership. The UTica shale -- whatever it will bring -- is in the future. The storck has anticipated some or all of it. You won't see distributions of p[rofits till there are holes in the ground and sales of oil and gas being made.

    • They started the .001 increase in Feb of 2009. Before that it was Feb 1,2007 [.40] May 3,2007 [.46]Aug2007,[.50] Nov 1,2007 [.56] Feb 6,2008 [.60] Aug 1,2008 [.70] Nov 5,2008 [.75] Feb 4,2009 and after it was only a .001 raise. I have nothing to back it up, but I feel the price is being manipulated by the money men so they can get in cheaper before the div announcement. If I were a poet, I might say, What the H*ll, the Utica Shale will tell.

    • Depends how far out we are from ownership day.I don't have that info regarding the next go round. .82 sounds good to me!

    • In February it paid .759 ...when the next round is I don't know. However, being new to dividends, does the lower the price of the stock mean the higher the dividend? Is that correct? NLY paid off as promised and the price changed several times between the day of record and pay day. Is it the price on the day of record that is used to calculate the per share price? Thanks!

      • 1 Reply to john_mrks
      • Since you are new to dividends, you should probably go to some website such as Investopedia to read how they work. Below is a short excerpt from that site re: dividends:
        The Important Dates of a Dividend
        There are four major dates in the process of a company paying dividends:

        •Declaration date - This is the date on which the board of directors announces to shareholders and the market as a whole that the company will pay a dividend.
        •Ex-date or Ex-dividend date - On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day. The ex-date is the second business day before the date of record.
        •Date of record - This is the date on which the company looks at its records to see who the shareholders of the company are. An investor must be listed as a holder of record to ensure the right of a dividend payout.
        •Date of payment (payable date) - This is the date the company mails out the dividend to the holder of record. This date is generally a week or more after the date of record so that the company has sufficient time to ensure that it accurately pays all those who are entitled.

        For companies that are MLPs (look that up too) replace the word "dividend" with "distribution."
        There is a vast difference in how they are paid by a company and how they are taxed. The ex-d dates, pay date, etc. are the same in both however.

        EVEP generally announces their first quarter distribution the last Wednesday in April, so in 2011 probably look for it somewhere around that day.

        Prior quarters's distributions have been increased by .001 per unit for the past 2 1/2 years and it would be surprising if they changed that practice.

    • Which company are you talking about?

      They will likely follow their previous practice and add .001, which would take it to .76.

 
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