Looking at the universe of stocks we cover at Dividend Channel, on 5/1/13, MicroFinancial, Inc. (MFI) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 5/15/13. As a percentage of MFI's recent stock price of $7.91, this dividend works out to approximately 0.76%, so look for shares of MicroFinancial, Inc. to trade 0.76% lower — all else being equal — when MFI shares open for trading on 5/1/13.
Below is a dividend history chart for MFI, showing historical dividends prior to the most recent $0.06 declared by MicroFinancial, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MFI is likely to continue, and whether the current estimated yield of 3.03% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MFI shares, versus its 200 day moving average:Looking at the chart above, MFI's low point in its 52 week range is $6.19 per share, with $9.96 as the 52 week high point — that compares with a last trade of $7.85.
In Monday trading, MicroFinancial, Inc. shares are currently up about 1.3% on the day.