Western Refining Logistics About To Put More Money In Your Pocket (WNRL)

Looking at the universe of stocks we cover at Dividend Channel, on 8/13/14, Western Refining Logistics LP ( WNRL) will trade ex-dividend, for its quarterly dividend of $0.3075, payable on 8/25/14. As a percentage of WNRL's recent stock price of $32.21, this dividend works out to approximately 0.95%, so look for shares of Western Refining Logistics LP to trade 0.95% lower — all else being equal — when WNRL shares open for trading on 8/13/14.

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Below is a dividend history chart for WNRL, showing historical dividends prior to the most recent $0.3075 declared by Western Refining Logistics LP:

WNRL+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 WNRL is likely to continue, and whether the current estimated yield of 3.82% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Western Refining Logistics LP shares are currently up about 1.2% on the day.

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