Looking at the universe of stocks we cover at Dividend Channel, on 6/19/13, Alteva (ALTV) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 6/28/13. As a percentage of ALTV's recent stock price of $10.30, this dividend works out to approximately 2.62%, so look for shares of Alteva to trade 2.62% lower — all else being equal — when ALTV shares open for trading on 6/19/13.
Below is a dividend history chart for ALTV, showing historical dividends prior to the most recent $0.27 declared by Alteva:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ALTV is likely to continue, and whether the current estimated yield of 10.49% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ALTV shares, versus its 200 day moving average:Looking at the chart above, ALTV's low point in its 52 week range is $8.82 per share, with $14.53 as the 52 week high point — that compares with a last trade of $10.30.
In Monday trading, Alteva shares are currently up about 0.8% on the day.