Looking at the universe of stocks we cover at Dividend Channel, on 2/1/18, Teekay Offshore Partners LP (TOO - Get Report) will trade ex-dividend, for its quarterly dividend of $0.01, payable on 2/9/18. As a percentage of TOO's recent stock price of $2.58, this dividend works out to approximately 0.39%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Below is a dividend history chart for TOO, showing historical dividends prior to the most recent $0.01 declared by Teekay Offshore Partners LP:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TOO is likely to continue, and whether the current estimated yield of 1.55% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TOO shares, versus its 200 day moving average:

Teekay Offshore Partners LP 200 Day Moving Average Chart

Looking at the chart above, TOO's low point in its 52 week range is $1.65 per share, with $6.16 as the 52 week high point — that compares with a last trade of $2.57.

According to the ETF Finder at ETF Channel, TOO makes up 2.69% of the PowerShares Dynamic Oil & Gas Services Portfolio ETF ( PXJ) which is trading lower by about 1.1% on the day Tuesday.

According to Preferred Stock Channel, there are 2 series of preferred stock that are senior to TOO — find out what they are ».

In Tuesday trading, Teekay Offshore Partners LP shares are currently down about 2.3% on the day.