LONDON, UK / ACCESSWIRE / November 7, 2017 / Pro-Trader Daily takes a closer look at NuStar GP Holdings, LLC (NYSE: NSH) as the Company's stock will begin trading ex-dividend on November 08, 2017. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on November 07, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:

http://protraderdaily.com/register/

Today, PRO-TD covers ex-dividend news on NSH. Get our free coverage by signing up at:

http://protraderdaily.com/optin/?symbol=NSH

Dividend Declared

On October 19, 2017, NuStar announced that its Board of Directors has declared a third quarter 2017 distribution of $0.545 per unit. The distribution will be paid on November 16, 2017, to holders of record as of November 09, 2017.

NuStar's indicated dividend represents a yield of 12.90%, which is more than five times the average dividend yield of 2.37% for the Basic Materials sector.

Dividend Insights

NuStar has a dividend payout ratio of 94.8%, which indicates that the Company distributes approximately $0.95 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves. If the payout ratio is quite closer to the earnings, the Company may be required to take steps to reduce the distribution or increase the earnings in order to re-invest in the business to fund future growth.

According to analysts' estimates, NuStar is estimated to report earnings of $1.47 for the next year, which is lower than the Company's annualized dividend of $2.18 per share.

As of June 30, 2017, NuStar's cash and cash equivalents totaled $287,000 compared to $207,000 of cash as on December 31, 2016. The Company's cash flow from operating activities for the six months of 2017 totaled $26.83 million compared to operating cash flow of $27.35 million in the year-ago same period. The financial position indicates the Company's ability to pay the announced dividend on a short-term, however as the cash available with the Company is less, the Company may have to take certain steps in order to absorb any fluctuations in earnings and cash flow and to sustain its dividend distribution for a long period.

Recent Development for NuStar

On October 07, 2017, NuStar Energy L.P. and NuStar GP Holdings, LLC announced that they will host a joint conference call on November 07, 2017 at 9:00 a.m. CT to discuss the third quarter 2017 earnings results, which will be released earlier on the same day.

About NuStar

NuStar Energy L.P., based in San Antonio, is one of the largest independent liquids terminal and pipeline operators in the United States. The Company currently has more than 9,300 miles of pipeline and 81 terminal and storage facilities that store and distribute crude oil, refined products, and specialty liquids. The partnership's combined system has more than 96 million barrels of storage capacity.

NuStar GP Holdings, LLC is a publicly traded limited liability company that owns the general partner interest, an approximate 11% common limited partner interest and the incentive distribution rights in NuStar Energy L.P.

Stock Performance

On Monday, November 06, 2017, NuStar's stock closed the trading session at $17.80, climbing 5.33% from its previous closing price of $16.90. A total volume of 211.40 thousand shares were exchanged during the session, which was above the 3-month average volume of 126.23 thousand shares. Shares of the Company have a PE ratio of 8.35 and have a dividend yield of 12.25%. The stock currently has a market cap of $764.51 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily