Looking at the universe of stocks we cover at Dividend Channel , on 8/6/18, Sunoco LP (Symbol: SUN) will trade ex-dividend, for its quarterly dividend of $0.8255, payable on 8/15/18. As a percentage of SUN's recent stock price of $26.95, this dividend works out to approximately 3.06%, so look for shares of Sunoco LP to trade 3.06% lower - all else being equal - when SUN shares open for trading on 8/6/18.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SUN is likely to continue, and whether the current estimated yield of 12.25% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SUN shares, versus its 200 day moving average:
Looking at the chart above, SUN's low point in its 52 week range is $24.46 per share, with $33.11 as the 52 week high point - that compares with a last trade of $27.00.
In Thursday trading, Sunoco LP shares are currently up about 0.2% 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.