Looking at the universe of stocks we cover at Dividend Channel, on 5/13/13, SandRidge Permian Trust (PER) will trade ex-dividend, for its quarterly dividend of $0.512, payable on 5/30/13. As a percentage of PER's recent stock price of $14.86, this dividend works out to approximately 3.45%, so look for shares of SandRidge Permian Trust to trade 3.45% lower — all else being equal — when PER shares open for trading on 5/13/13.
Below is a dividend history chart for PER, showing historical dividends prior to the most recent $0.512 declared by SandRidge Permian Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PER is likely to continue, and whether the current estimated yield of 13.78% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PER shares, versus its 200 day moving average:Looking at the chart above, PER's low point in its 52 week range is $13.424 per share, with $23.05 as the 52 week high point — that compares with a last trade of $14.82.
In Thursday trading, SandRidge Permian Trust shares are currently up about 0.7% on the day.