Cash Dividend On The Way From Sunoco Logistics Partners (SXL)

Looking at the universe of stocks we cover at Dividend Channel, on 8/6/14, Sunoco Logistics Partners L.P. ( SXL) will trade ex-dividend, for its quarterly dividend of $0.365, payable on 8/14/14. As a percentage of SXL's recent stock price of $44.83, this dividend works out to approximately 0.81%, so look for shares of Sunoco Logistics Partners L.P. to trade 0.81% lower — all else being equal — when SXL shares open for trading on 8/6/14.

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Below is a dividend history chart for SXL, showing historical dividends prior to the most recent $0.365 declared by Sunoco Logistics 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 SXL is likely to continue, and whether the current estimated yield of 3.26% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, SXL makes up 3.70% of the MLP ETF ( MLPA) which is trading relatively unchanged on the day Monday.

In Monday trading, Sunoco Logistics Partners L.P. shares are currently up about 0.3% on the day.

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