RRMS Ex-Dividend Reminder - 7/31/15
Looking at the universe of stocks we cover at Dividend Channel , on 7/31/15, Rose Rock Midstream L P (Symbol: RRMS) will trade ex-dividend, for its quarterly dividend of $0.65, payable on 8/14/15. As a percentage of RRMS's recent stock price of $38.96, this dividend works out to approximately 1.67%, so look for shares of Rose Rock Midstream L P to trade 1.67% lower - all else being equal - when RRMS shares open for trading on 7/31/15.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RRMS is likely to continue, and whether the current estimated yield of 6.67% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RRMS shares, versus its 200 day moving average:
Looking at the chart above, RRMS's low point in its 52 week range is $36.66 per share, with $62.79 as the 52 week high point - that compares with a last trade of $38.96.
According to the ETF Finder at ETF Channel, RRMS makes up 3.39% of the Junior MLP ETF (Symbol: MLPJ) which is trading relatively unchanged on the day Wednesday.
In Wednesday trading, Rose Rock Midstream L P shares are currently down about 0.8% on the day.