RIGP Ex-Dividend Reminder - 5/13/15

Looking at the universe of stocks we cover at Dividend Channel, on 5/13/15, Transocean Partners LLC (RIGP) will trade ex-dividend, for its quarterly dividend of $0.3625, payable on 5/27/15. As a percentage of RIGP's recent stock price of $15.58, this dividend works out to approximately 2.33%, so look for shares of Transocean Partners LLC to trade 2.33% lower — all else being equal — when RIGP shares open for trading on 5/13/15.

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Below is a dividend history chart for RIGP, showing historical dividends prior to the most recent $0.3625 declared by Transocean Partners LLC:

RIGP+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 RIGP is likely to continue, and whether the current estimated yield of 9.31% on annualized basis is a reasonable expectation of annual yield

According to the ETF Finder at ETF Channel, RIGP makes up 2.67% of the PowerShares Dynamic Oil & Gas Services Portfolio ETF ( PXJ) which is trading relatively unchanged on the day Monday.

In Monday trading, Transocean Partners LLC shares are currently up about 2.1% on the day.

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