Looking at the universe of stocks we cover at Dividend Channel , on 6/5/14, BreitBurn Energy Partners LP (Symbol: BBEP) will trade ex-dividend, for its monthly dividend of $0.1658, payable on 6/12/14. As a percentage of BBEP's recent stock price of $21.34, this dividend works out to approximately 0.78%, so look for shares of BreitBurn Energy Partners LP to trade 0.78% lower - all else being equal - when BBEP shares open for trading on 6/5/14.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BBEP is likely to continue, and whether the current estimated yield of 9.32% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BBEP shares, versus its 200 day moving average:
Looking at the chart above, BBEP's low point in its 52 week range is $14.01 per share, with $21.56 as the 52 week high point - that compares with a last trade of $21.28.
According to the ETF Finder at ETF Channel, BBEP makes up 8.43% of the Junior MLP ETF (Symbol: MLPJ) which is trading relatively unchanged on the day Tuesday.
In Tuesday trading, BreitBurn Energy Partners LP shares are currently up about 0.4% 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
