Looking at the universe of stocks we cover at Dividend Channel, on 8/3/16, Capital Product Partners L.P. (CPLP - Get Report) will trade ex-dividend, for its quarterly dividend of $0.075, payable on 8/12/16. As a percentage of CPLP's recent stock price of $3.68, this dividend works out to approximately 2.04%, so look for shares of Capital Product Partners L.P. to trade 2.04% lower — all else being equal — when CPLP shares open for trading on 8/3/16.Below is a dividend history chart for CPLP, showing historical dividends prior to the most recent $0.075 declared by Capital Product Partners L.P.: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CPLP is likely to continue, and whether the current estimated yield of 8.15% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CPLP shares, versus its 200 day moving average: Looking at the chart above, CPLP's low point in its 52 week range is $2.41 per share, with $8.22 as the 52 week high point — that compares with a last trade of $3.65. According to the ETF Finder at ETF Channel, CPLP makes up 3.16% of the Guggenheim Shipping ETF ( SEA) which is trading lower by about 1.2% on the day Monday. In Monday trading, Capital Product Partners L.P. shares are currently down about 2.4% on the day.
More from Stocks
Bank of America Could Rise, but Its Charts Aren't Inspiring
The share price of the big bank could improve in the weeks ahead, but the technical case for the stock is lacking.
Fed's Next Move, Microsoft's Performance, Trading U.S. Bancorp: Market Recon
What the Fed needs to do in July is to cut the FFR by 25 basis points and put the balance sheet management (QT) program to bed two months early.
What Netflix's U.S. Subscriber Loss Could Mean for Apple TV+
Netflix lost U.S. subscribers for the first time last quarter, suggesting that its most recent price increase was a tipping point for some subscribers. Apple, which hasn't yet announced pricing for TV+, is likely facing a similar calculus ahead of its fall 2019 launch.