Reminder - NGL Energy Partners (NGL) Goes Ex-Dividend Soon

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Looking at the universe of stocks we cover at Dividend Channel , on 11/7/18, NGL Energy Partners LP (Symbol: NGL) will trade ex-dividend, for its quarterly dividend of $0.39, payable on 11/14/18. As a percentage of NGL's recent stock price of $10.06, this dividend works out to approximately 3.88%, so look for shares of NGL Energy Partners LP to trade 3.88% lower - all else being equal - when NGL shares open for trading on 11/7/18.


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NGL is likely to continue, and whether the current estimated yield of 15.51% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NGL shares, versus its 200 day moving average:

NGL Energy Partners LP 200 Day Moving Average Chart

Looking at the chart above, NGL's low point in its 52 week range is $9.33 per share, with $17.65 as the 52 week high point - that compares with a last trade of $10.08.

In Monday trading, NGL Energy Partners LP shares are currently up about 0.8% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: NGL

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