Transmontaigne Partners About To Put More Money In Your Pocket (TLP)

Looking at the universe of stocks we cover at Dividend Channel, on 10/29/13, Transmontaigne Partners L.P. ( TLP) will trade ex-dividend, for its quarterly dividend of $0.65, payable on 11/7/13. As a percentage of TLP's recent stock price of $43.07, this dividend works out to approximately 1.51%, so look for shares of Transmontaigne Partners L.P. to trade 1.51% lower — all else being equal — when TLP shares open for trading on 10/29/13.

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Below is a dividend history chart for TLP, showing historical dividends prior to the most recent $0.65 declared by Transmontaigne Partners L.P.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TLP is likely to continue, and whether the current estimated yield of 6.04% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TLP shares, versus its 200 day moving average:

Transmontaigne Partners L.P. 200 Day Moving Average Chart

Looking at the chart above, TLP's low point in its 52 week range is $31.51 per share, with $50.77 as the 52 week high point — that compares with a last trade of $43.07.

According to the ETF Finder at ETF Channel, TLP makes up 2.67% of the Junior MLP ETF ( MLPJ) which is trading relatively unchanged on the day Friday.

In Friday trading, Transmontaigne Partners L.P. shares are currently off about 0.2% on the day.


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