Ex-Div Reminder for Lehigh Gas Partners (LGP)

Looking at the universe of stocks we cover at Dividend Channel, on 8/14/14, Lehigh Gas Partners LP ( LGP) will trade ex-dividend, for its quarterly dividend of $0.5225, payable on 8/28/14. As a percentage of LGP's recent stock price of $34.14, this dividend works out to approximately 1.53%, so look for shares of Lehigh Gas Partners LP to trade 1.53% lower — all else being equal — when LGP shares open for trading on 8/14/14.

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Below is a dividend history chart for LGP, showing historical dividends prior to the most recent $0.5225 declared by Lehigh Gas Partners LP:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LGP is likely to continue, and whether the current estimated yield of 6.12% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LGP shares, versus its 200 day moving average:

Lehigh Gas Partners LP 200 Day Moving Average Chart

Looking at the chart above, LGP's low point in its 52 week range is $25.50 per share, with $35.59 as the 52 week high point — that compares with a last trade of $34.19.

In Wednesday trading, Lehigh Gas Partners LP shares are currently down about 0.6% on the day.

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