Looking at the universe of stocks we cover at Dividend Channel , on 5/16/18, Black Stone Minerals LP (Symbol: BSM) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 5/24/18. As a percentage of BSM's recent stock price of $18.63, this dividend works out to approximately 1.68%, so look for shares of Black Stone Minerals LP to trade 1.68% lower - all else being equal - when BSM shares open for trading on 5/16/18.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BSM is likely to continue, and whether the current estimated yield of 6.71% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BSM shares, versus its 200 day moving average:
Looking at the chart above, BSM's low point in its 52 week range is $15.12 per share, with $19.03 as the 52 week high point - that compares with a last trade of $18.63.
BSM makes up 5.96% of the Junior MLP ETF (Symbol: MLPJ)
In Monday trading, Black Stone Minerals LP shares are currently up about 0.8% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.