Looking at the universe of stocks we cover at Dividend Channel, on 4/26/13, Mesa Royalty Trust (MTR) will trade ex-dividend, for its monthly dividend of $0.18, payable on 7/31/13. As a percentage of MTR's recent stock price of $25.41, this dividend works out to approximately 0.71%, so look for shares of Mesa Royalty Trust to trade 0.71% lower — all else being equal — when MTR shares open for trading on 4/26/13.
Below is a dividend history chart for MTR, showing historical dividends prior to the most recent $0.18 declared by Mesa Royalty Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MTR is likely to continue, and whether the current estimated yield of 8.50% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MTR shares, versus its 200 day moving average:Looking at the chart above, MTR's low point in its 52 week range is $18.75 per share, with $35.94 as the 52 week high point — that compares with a last trade of $25.41.
In Wednesday trading, Mesa Royalty Trust shares are currently off about 0.7% on the day.