Looking at the universe of stocks we cover at Dividend Channel, on 5/29/13, Marine Petroleum Trust (MARPS) will trade ex-dividend, for its quarterly dividend of $0.3946, payable on 6/28/13. As a percentage of MARPS's recent stock price of $16.91, this dividend works out to approximately 2.33%, so look for shares of Marine Petroleum Trust to trade 2.33% lower — all else being equal — when MARPS shares open for trading on 5/29/13.
Below is a dividend history chart for MARPS, showing historical dividends prior to the most recent $0.3946 declared by Marine Petroleum Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MARPS is likely to continue, and whether the current estimated yield of 9.33% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MARPS shares, versus its 200 day moving average:Looking at the chart above, MARPS's low point in its 52 week range is $11.72 per share, with $26.00 as the 52 week high point — that compares with a last trade of $16.91.
In Tuesday trading, Marine Petroleum Trust shares are currently up about 1.3% on the day.