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.

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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.

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