Looking at the universe of stocks we cover at Dividend Channel , on 2/1/17, Tesoro Logistics LP (Symbol: TLLP) will trade ex-dividend, for its quarterly dividend of $0.91, payable on 2/14/17. As a percentage of TLLP's recent stock price of $58.17, this dividend works out to approximately 1.56%, so look for shares of Tesoro Logistics LP to trade 1.56% lower - all else being equal - when TLLP shares open for trading on 2/1/17.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TLLP is likely to continue, and whether the current estimated yield of 6.26% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TLLP shares, versus its 200 day moving average:
Looking at the chart above, TLLP's low point in its 52 week range is $35.18 per share, with $59.01 as the 52 week high point - that compares with a last trade of $58.20.
According to the ETF Finder at ETF Channel, TLLP makes up 3.70% of the MLP ETF (Symbol: MLPA) which is trading lower by about 0.9% on the day Monday.
In Monday trading, Tesoro Logistics LP shares are currently down about 0.9% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.