Looking at the universe of stocks we cover at Dividend Channel, on 5/9/13, Enterprise Bancorp, Inc. (EBTC) will trade ex-dividend, for its quarterly dividend of $0.115, payable on 6/3/13. As a percentage of EBTC's recent stock price of $16.30, this dividend works out to approximately 0.71%, so look for shares of Enterprise Bancorp, Inc. to trade 0.71% lower — all else being equal — when EBTC shares open for trading on 5/9/13.
Below is a dividend history chart for EBTC, showing historical dividends prior to the most recent $0.115 declared by Enterprise Bancorp, Inc. :
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EBTC is likely to continue, and whether the current estimated yield of 2.82% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EBTC shares, versus its 200 day moving average:Looking at the chart above, EBTC's low point in its 52 week range is $14.52 per share, with $18.19 as the 52 week high point — that compares with a last trade of $16.30.
In Tuesday trading, Enterprise Bancorp, Inc. shares are currently up about 0.5% on the day.