GLP Ex-Dividend Reminder - 11/4/16

Looking at the universe of stocks we cover at Dividend Channel, on 11/4/16, Global Partners LP (GLP) will trade ex-dividend, for its quarterly dividend of $0.4625, payable on 11/14/16. As a percentage of GLP's recent stock price of $15.50, this dividend works out to approximately 2.98%, so look for shares of Global Partners LP to trade 2.98% lower — all else being equal — when GLP shares open for trading on 11/4/16.

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Below is a dividend history chart for GLP, showing historical dividends prior to the most recent $0.4625 declared by Global Partners LP:

GLP+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 GLP is likely to continue, and whether the current estimated yield of 11.94% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GLP shares, versus its 200 day moving average:

Global Partners LP 200 Day Moving Average Chart

Looking at the chart above, GLP's low point in its 52 week range is $12.28 per share, with $32.99 as the 52 week high point — that compares with a last trade of $15.50.

According to the ETF Finder at ETF Channel, GLP makes up 1.79% of the Junior MLP ETF ( MLPJ) which is trading lower by about 0.2% on the day Wednesday.

In Wednesday trading, Global Partners LP shares are currently trading flat on the day.

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