Reminder - Memorial Production Partners (MEMP) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 5/4/16, Memorial Production Partners LP (MEMP) will trade ex-dividend, for its quarterly dividend of $0.03, payable on 5/13/16. As a percentage of MEMP's recent stock price of $2.75, this dividend works out to approximately 1.09%, so look for shares of Memorial Production Partners LP to trade 1.09% lower — all else being equal — when MEMP shares open for trading on 5/4/16.

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Below is a dividend history chart for MEMP, showing historical dividends prior to the most recent $0.03 declared by Memorial Production Partners LP:

MEMP+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 MEMP is likely to continue, and whether the current estimated yield of 4.36% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MEMP shares, versus its 200 day moving average:

Memorial Production Partners LP 200 Day Moving Average Chart

Looking at the chart above, MEMP's low point in its 52 week range is $1.57 per share, with $18.10 as the 52 week high point — that compares with a last trade of $2.76.

In Monday trading, Memorial Production Partners LP shares are currently down about 5.2% on the day.

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