Buckeye Partners L.P. ( BPL ) will begin trading ex-dividend on November 05, 2015. A cash dividend payment of $1.175 per share is scheduled to be paid on November 17, 2015. Shareholders who purchased BPL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.08% increase over the prior quarter. At the current stock price of $70, the dividend yield is 6.71%.
The previous trading day's last sale of BPL was $70, representing a -17.78% decrease from the 52 week high of $85.14 and a 32.3% increase over the 52 week low of $52.91.
BPL is a part of the Energy sector, which includes companies such as Kinder Morgan, Inc. ( KMI ) and Enterprise Products Partners L.P. ( EPD ). BPL's current earnings per share, an indicator of a company's profitability, is $3.12. Zacks Investment Research reports BPL's forecasted earnings growth in 2015 as 11.13%, compared to an industry average of -11.3%.
Interested in gaining exposure to BPL through an Exchange Traded Fund [ETF]?
The following ETF(s) have BPL as a top-10 holding:
- Alerian MLP ETF ( AMLP )
- Yorkville High Income Infrastructure MLP ( YMLI )
- QuantShares Hedged Dividend Income Fund ( DIVA ).
The top-performing ETF of this group is DIVA with an decrease of -5.53% over the last 100 days. AMLP has the highest percent weighting of BPL at 6.25%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.