Reminder - BreitBurn Energy Partners (BBEP) Goes Ex-Dividend Soon
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.