Looking at the universe of stocks we cover at Dividend Channel, on 5/1/13, Tesoro Logistics LP ( TLLP) will trade ex-dividend, for its quarterly dividend of $0.49, payable on 5/14/13. As a percentage of TLLP's recent stock price of $58.54, this dividend works out to approximately 0.84%, so look for shares of Tesoro Logistics LP to trade 0.84% lower — all else being equal — when TLLP shares open for trading on 5/1/13.Below is a dividend history chart for TLLP, showing historical dividends prior to the most recent $0.49 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 3.35% 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 $29.25 per share, with $59.00 as the 52 week high point — that compares with a last trade of $58.54. According to the ETF Finder at ETF Channel, TLLP makes up 8.93% of the Global X Junior MLP ETF ( MLPJ) which is trading higher by about 0.8% on the day Monday. In Monday trading, Tesoro Logistics LP shares are currently up about 2.3% on the day.