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Reminder - BP Midstream Partners (BPMP) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 7/28/21, BP Midstream Partners LP (Symbol: BPMP) will trade ex-dividend, for its quarterly dividend of $0.3475, payable on 8/12/21. As a percentage of BPMP's recent stock price of $14.31, this dividend works out to approximately 2.43%, so look for shares of BP Midstream Partners LP to trade 2.43% lower — all else being equal — when BPMP shares open for trading on 7/28/21.

BPMP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BPMP is likely to continue, and whether the current estimated yield of 9.71% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BPMP shares, versus its 200 day moving average:

Kimco Realty Corp 200 Day Moving Average Chart

Looking at the chart above, BPMP's low point in its 52 week range is $9.30 per share, with $15.77 as the 52 week high point — that compares with a last trade of $14.26.

In Monday trading, BP Midstream Partners LP shares are currently up about 1% 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.

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