SRLP Ex-Dividend Reminder - 11/4/16

Looking at the universe of stocks we cover at Dividend Channel, on 11/4/16, Sprague Resources LP (SRLP) will trade ex-dividend, for its quarterly dividend of $0.5625, payable on 11/14/16. As a percentage of SRLP's recent stock price of $24.50, this dividend works out to approximately 2.30%, so look for shares of Sprague Resources LP to trade 2.30% lower — all else being equal — when SRLP shares open for trading on 11/4/16.

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Below is a dividend history chart for SRLP, showing historical dividends prior to the most recent $0.5625 declared by Sprague Resources LP:

SRLP+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 SRLP is likely to continue, and whether the current estimated yield of 9.18% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SRLP shares, versus its 200 day moving average:

Sprague Resources LP 200 Day Moving Average Chart

Looking at the chart above, SRLP's low point in its 52 week range is $15.55 per share, with $26.00 as the 52 week high point — that compares with a last trade of $24.50.

In Wednesday trading, Sprague Resources LP shares are currently trading flat on the day.

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