Ex-Div Reminder for Buckeye Partners (BPL)
Looking at the universe of stocks we cover at Dividend Channel , on 8/14/14, Buckeye Partners, L.P. (Symbol: BPL) will trade ex-dividend, for its quarterly dividend of $1.1125, payable on 8/25/14. As a percentage of BPL's recent stock price of $77.18, this dividend works out to approximately 1.44%, so look for shares of Buckeye Partners, L.P. to trade 1.44% lower - all else being equal - when BPL shares open for trading on 8/14/14.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BPL is likely to continue, and whether the current estimated yield of 5.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BPL shares, versus its 200 day moving average:
Looking at the chart above, BPL's low point in its 52 week range is $62.00 per share, with $84.91 as the 52 week high point - that compares with a last trade of $77.15.
According to the ETF Finder at ETF Channel, BPL makes up 5.16% of the MLP ETF (Symbol: MLPA) which is trading up by about 0.2% on the day Wednesday.
In Wednesday trading, Buckeye Partners, L.P. shares are currently up about 0.3% on the day.