Looking at the universe of stocks we cover at Dividend Channel, on 1/31/14, Calumet Specialty Product Partners LP (CLMT) will trade ex-dividend, for its quarterly dividend of $0.685, payable on 2/14/14. As a percentage of CLMT's recent stock price of $29.78, this dividend works out to approximately 2.30%, so look for shares of Calumet Specialty Product Partners LP to trade 2.30% lower — all else being equal — when CLMT shares open for trading on 1/31/14.
Below is a dividend history chart for CLMT, showing historical dividends prior to the most recent $0.685 declared by Calumet Specialty Product Partners LP:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CLMT is likely to continue, and whether the current estimated yield of 9.20% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CLMT shares, versus its 200 day moving average:Looking at the chart above, CLMT's low point in its 52 week range is $24.84 per share, with $40.25 as the 52 week high point — that compares with a last trade of $29.78.
In Wednesday trading, Calumet Specialty Product Partners LP shares are currently off about 1.3% on the day.