Looking at the universe of stocks we cover at Dividend Channel, on 4/29/13, Donegal Group Inc. (DGICA) will trade ex-dividend, for its quarterly dividend of $0.1275, payable on 5/15/13. As a percentage of DGICA's recent stock price of $15.25, this dividend works out to approximately 0.84%, so look for shares of Donegal Group Inc. to trade 0.84% lower — all else being equal — when DGICA shares open for trading on 4/29/13.
Below is a dividend history chart for DGICA, showing historical dividends prior to the most recent $0.1275 declared by Donegal Group Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DGICA is likely to continue, and whether the current estimated yield of 3.34% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DGICA shares, versus its 200 day moving average:Looking at the chart above, DGICA's low point in its 52 week range is $12.25 per share, with $16.52 as the 52 week high point — that compares with a last trade of $15.25.
In Thursday trading, Donegal Group Inc. shares are currently up about 0.2% on the day.