Looking at the universe of stocks we cover at Dividend Channel, on 10/30/13, Legacy Reserves LP (LGCY) will trade ex-dividend, for its quarterly dividend of $0.585, payable on 11/14/13. As a percentage of LGCY's recent stock price of $28.97, this dividend works out to approximately 2.02%, so look for shares of Legacy Reserves LP to trade 2.02% lower — all else being equal — when LGCY shares open for trading on 10/30/13.
Below is a dividend history chart for LGCY, showing historical dividends prior to the most recent $0.585 declared by Legacy Reserves LP:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LGCY is likely to continue, and whether the current estimated yield of 8.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LGCY shares, versus its 200 day moving average:Looking at the chart above, LGCY's low point in its 52 week range is $22.33 per share, with $29.67 as the 52 week high point — that compares with a last trade of $28.78.
According to the ETF Finder at ETF Channel, LGCY makes up 5.14% of the Junior MLP ETF (MLPJ) which is trading relatively unchanged on the day Monday. In Monday trading, Legacy Reserves LP shares are currently off about 0.6% on the day.