Reminder - Transocean Partners (RIGP) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 11/10/16, Transocean Partners LLC (RIGP) will trade ex-dividend, for its quarterly dividend of $0.3625, payable on 11/22/16. As a percentage of RIGP's recent stock price of $11.36, this dividend works out to approximately 3.19%, so look for shares of Transocean Partners LLC to trade 3.19% lower — all else being equal — when RIGP shares open for trading on 11/10/16.

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Below is a dividend history chart for RIGP, showing historical dividends prior to the most recent $0.3625 declared by Transocean Partners LLC:

RIGP+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 RIGP is likely to continue, and whether the current estimated yield of 12.76% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RIGP shares, versus its 200 day moving average:

Transocean Partners LLC 200 Day Moving Average Chart

Looking at the chart above, RIGP's low point in its 52 week range is $5.89 per share, with $13.47 as the 52 week high point — that compares with a last trade of $11.40.

In Tuesday trading, Transocean Partners LLC shares are currently down about 1% on the day.

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