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Tesoro Logistics Goes Ex-Dividend Soon

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.

TLLP+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 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:

Tesoro Logistics LP 200 Day Moving Average Chart

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.

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.

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