Looking at the universe of stocks we cover at Dividend Channel, on 2/15/23, Black Stone Minerals LP (Symbol: BSM) will trade ex-dividend, for its quarterly dividend of $0.475, payable on 2/23/23. As a percentage of BSM's recent stock price of $16.31, this dividend works out to approximately 2.91%, so look for shares of Black Stone Minerals LP to trade 2.91% lower — all else being equal — when BSM shares open for trading on 2/15/23.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BSM is likely to continue, and whether the current estimated yield of 11.65% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BSM shares, versus its 200 day moving average:
Looking at the chart above, BSM's low point in its 52 week range is $11.25 per share, with $20.24 as the 52 week high point — that compares with a last trade of $16.29.
In Monday trading, Black Stone Minerals LP shares are currently up about 0.6% on the day.
Also see:
Selling Calls For Income FRAC Historical Stock Prices
ETFs Holding ENB
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
