Reminder - Memorial Production Partners (MEMP) Goes Ex-Dividend Soon
Looking at the universe of stocks we cover at Dividend Channel, on 5/4/16, Memorial Production Partners LP will trade ex-dividend, for its quarterly dividend of $0.03, payable on 5/13/16. As a percentage of MEMP's recent stock price of $2.75, this dividend works out to approximately 1.09%, so look for shares of Memorial Production Partners LP to trade 1.09% lower — all else being equal — when MEMP shares open for trading on 5/4/16.