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.
Ex-Div Reminder For SandRidge Mississippian Trust II (SDR)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.