Looking at the universe of stocks we cover at Dividend Channel, on 10/31/13, Tesoro Logistics LP (TLLP) will trade ex-dividend, for its quarterly dividend of $0.545, payable on 11/14/13. As a percentage of TLLP's recent stock price of $54.60, this dividend works out to approximately 1.00%, so look for shares of Tesoro Logistics LP to trade 1.00% lower — all else being equal — when TLLP shares open for trading on 10/31/13.
Below is a dividend history chart for TLLP, showing historical dividends prior to the most recent $0.545 declared by Tesoro Logistics LP:
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 3.99% 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 $41.26 per share, with $71.92 as the 52 week high point — that compares with a last trade of $54.81.
According to the ETF Finder at ETF Channel, TLLP makes up 6.44% of the Junior MLP ETF (MLPJ) which is trading relatively unchanged on the day Wednesday. In Wednesday trading, Tesoro Logistics LP shares are currently down about 0.9% on the day.