Cash Dividend On The Way From PBF Logistics (PBFX)

Looking at the universe of stocks we cover at Dividend Channel, on 11/4/16, PBF Logistics LP (PBFX) will trade ex-dividend, for its quarterly dividend of $0.44, payable on 11/22/16. As a percentage of PBFX's recent stock price of $19.35, this dividend works out to approximately 2.27%, so look for shares of PBF Logistics LP to trade 2.27% lower — all else being equal — when PBFX shares open for trading on 11/4/16.

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Below is a dividend history chart for PBFX, showing historical dividends prior to the most recent $0.44 declared by PBF Logistics LP:

PBFX+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 PBFX is likely to continue, and whether the current estimated yield of 9.10% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PBFX shares, versus its 200 day moving average:

PBF Logistics LP 200 Day Moving Average Chart

Looking at the chart above, PBFX's low point in its 52 week range is $15.39 per share, with $23.49 as the 52 week high point — that compares with a last trade of $19.50.

In Wednesday trading, PBF Logistics LP shares are currently off about 0.3% on the day.

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