Looking at the universe of stocks we cover at Dividend Channel, on 5/15/13, ECA Marcellus Trust I (ECT) will trade ex-dividend, for its quarterly dividend of $0.443, payable on 5/31/13. As a percentage of ECT's recent stock price of $12.60, this dividend works out to approximately 3.52%, so look for shares of ECA Marcellus Trust I to trade 3.52% lower — all else being equal — when ECT shares open for trading on 5/15/13.
Below is a dividend history chart for ECT, showing historical dividends prior to the most recent $0.443 declared by ECA Marcellus Trust I:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ECT is likely to continue, and whether the current estimated yield of 14.06% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ECT shares, versus its 200 day moving average:Looking at the chart above, ECT's low point in its 52 week range is $9.06 per share, with $22.34 as the 52 week high point — that compares with a last trade of $12.71.
In Monday trading, ECA Marcellus Trust I shares are currently up about 0.2% on the day.