Looking at the universe of stocks we cover at Dividend Channel, on 2/3/14, Global Partners LP (GLP) will trade ex-dividend, for its quarterly dividend of $0.6125, payable on 2/14/14. As a percentage of GLP's recent stock price of $40.00, this dividend works out to approximately 1.53%, so look for shares of Global Partners LP to trade 1.53% lower — all else being equal — when GLP shares open for trading on 2/3/14.
Below is a dividend history chart for GLP, showing historical dividends prior to the most recent $0.6125 declared by Global 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 GLP is likely to continue, and whether the current estimated yield of 6.13% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GLP shares, versus its 200 day moving average:Looking at the chart above, GLP's low point in its 52 week range is $30.01 per share, with $40.99 as the 52 week high point — that compares with a last trade of $40.00.
According to the ETF Finder at ETF Channel, GLP makes up 2.53% of the Junior MLP ETF (MLPJ) which is trading higher by about 0.5% on the day Thursday. In Thursday trading, Global Partners LP shares are currently up about 1.4% on the day.
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