Looking at the universe of stocks we cover at Dividend Channel, on 5/13/15, Western Refining Logistics LP (WNRL will trade ex-dividend, for its quarterly dividend of $0.3475, payable on 5/26/15. As a percentage of WNRL's recent stock price of $29.35, this dividend works out to approximately 1.18%, so look for shares of Western Refining Logistics LP to trade 1.18% lower — all else being equal — when WNRL shares open for trading on 5/13/15.

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Below is a dividend history chart for WNRL, showing historical dividends prior to the most recent $0.3475 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 4.74% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, WNRL makes up 2.01% of the Junior MLP ETF ( MLPJ which is trading lower by about 0.5% on the day Monday.

In Monday trading, Western Refining Logistics LP shares are currently up about 0.5% on the day.