Cash Dividend On The Way From New Source Energy Partners (NSLP)

Looking at the universe of stocks we cover at Dividend Channel, on 10/30/13, New Source Energy Partners LP (NSLP) will trade ex-dividend, for its quarterly dividend of $0.575, payable on 11/15/13. As a percentage of NSLP's recent stock price of $23.52, this dividend works out to approximately 2.44%, so look for shares of New Source Energy Partners LP to trade 2.44% lower — all else being equal — when NSLP shares open for trading on 10/30/13.

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Below is a dividend history chart for NSLP, showing historical dividends prior to the most recent $0.575 declared by New Source Energy Partners LP:

NSLP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NSLP is likely to continue, and whether the current estimated yield of 9.78% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, New Source Energy Partners LP shares are currently off about 0.7% on the day.

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