Sanchez Production Partners About To Put More Money In Your Pocket (SPP)

Looking at the universe of stocks we cover at Dividend Channel, on 8/18/16, Sanchez Production Partners LP (SPP) will trade ex-dividend, for its quarterly dividend of $0.4183, payable on 8/31/16. As a percentage of SPP's recent stock price of $11.93, this dividend works out to approximately 3.51%, so look for shares of Sanchez Production Partners LP to trade 3.51% lower — all else being equal — when SPP shares open for trading on 8/18/16.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for SPP, showing historical dividends prior to the most recent $0.4183 declared by Sanchez Production Partners LP:

SPP+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 SPP is likely to continue, and whether the current estimated yield of 14.03% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SPP shares, versus its 200 day moving average:

Sanchez Production Partners LP 200 Day Moving Average Chart

Looking at the chart above, SPP's low point in its 52 week range is $4.08 per share, with $15.75 as the 52 week high point — that compares with a last trade of $11.93.

According to the ETF Finder at ETF Channel, SPP makes up 1.32% of the ProShares MSCI Emerging Markets Dividend Growers ETF ( EMDV) which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Sanchez Production Partners LP shares are currently off about 0.2% on the day.

More from Stocks

Micron and Other Chip Stocks Rally After U.S. Puts China Tariffs On Hold

Micron and Other Chip Stocks Rally After U.S. Puts China Tariffs On Hold

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

The Market Is Still Addicted to Stock Buybacks and It Could Prove Lethal

The Market Is Still Addicted to Stock Buybacks and It Could Prove Lethal

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

GE's $11.1 Billion Deal With Wabtec Should Have Warren Buffett Feeling Very Sad

GE's $11.1 Billion Deal With Wabtec Should Have Warren Buffett Feeling Very Sad