Looking at the universe of stocks we cover at Dividend Channel, on 5/7/13, Box Ships Inc (TEU) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 5/16/13. As a percentage of TEU's recent stock price of $4.72, this dividend works out to approximately 2.54%, so look for shares of Box Ships Inc to trade 2.54% lower — all else being equal — when TEU shares open for trading on 5/7/13.
Below is a dividend history chart for TEU, showing historical dividends prior to the most recent $0.12 declared by Box Ships Inc:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TEU is likely to continue, and whether the current estimated yield of 10.17% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TEU shares, versus its 200 day moving average:Looking at the chart above, TEU's low point in its 52 week range is $4.00 per share, with $9.39 as the 52 week high point — that compares with a last trade of $4.72.
In Friday trading, Box Ships Inc shares are currently up about 2.8% on the day.