Looking at the universe of stocks we cover at Dividend Channel, on 5/8/14, Buckeye Partners, L.P. (BPL - Get Report) will trade ex-dividend, for its quarterly dividend of $1.10, payable on 5/19/14. As a percentage of BPL's recent stock price of $78.54, this dividend works out to approximately 1.40%, so look for shares of Buckeye Partners, L.P. to trade 1.40% lower — all else being equal — when BPL shares open for trading on 5/8/14.

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Below is a dividend history chart for BPL, showing historical dividends prior to the most recent $1.10 declared by Buckeye Partners, L.P.:

BPL+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 BPL is likely to continue, and whether the current estimated yield of 5.60% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of BPL shares, versus its 200 day moving average:

Buckeye Partners, L.P. 200 Day Moving Average Chart

Looking at the chart above, BPL's low point in its 52 week range is $62.00 per share, with $79.37 as the 52 week high point — that compares with a last trade of $78.54.

According to the ETF Finder at ETF Channel, BPL makes up 5.35% of the MLP ETF ( MLPA) which is trading higher by about 0.1% on the day Wednesday.

In Wednesday trading, Buckeye Partners, L.P. shares are currently down about 0.2% on the day.