Looking at the universe of stocks we cover at Dividend Channel, on 5/13/13, SandRidge Mississippian Trust II (SDR) will trade ex-dividend, for its quarterly dividend of $0.558, payable on 5/30/13. As a percentage of SDR's recent stock price of $13.00, this dividend works out to approximately 4.29%, so look for shares of SandRidge Mississippian Trust II to trade 4.29% lower — all else being equal — when SDR shares open for trading on 5/13/13.
Below is a dividend history chart for SDR, showing historical dividends prior to the most recent $0.558 declared by SandRidge Mississippian Trust II:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SDR is likely to continue, and whether the current estimated yield of 17.17% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SDR shares, versus its 200 day moving average:Looking at the chart above, SDR's low point in its 52 week range is $10.50 per share, with $22.40 as the 52 week high point — that compares with a last trade of $12.99.
In Thursday trading, SandRidge Mississippian Trust II shares are currently off about 0.2% on the day.