Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, CorEnergy Infrastructure Trust (CORR) will trade ex-dividend, for its quarterly dividend of $0.125, payable on 7/5/13. As a percentage of CORR's recent stock price of $7.04, this dividend works out to approximately 1.78%, so look for shares of CorEnergy Infrastructure Trust to trade 1.78% lower — all else being equal — when CORR shares open for trading on 6/26/13.
Below is a dividend history chart for CORR, showing historical dividends prior to the most recent $0.125 declared by CorEnergy Infrastructure Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CORR is likely to continue, and whether the current estimated yield of 7.10% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CORR shares, versus its 200 day moving average:Looking at the chart above, CORR's low point in its 52 week range is $5.60 per share, with $9.40 as the 52 week high point — that compares with a last trade of $7.04.
In Monday trading, CorEnergy Infrastructure Trust shares are currently off about 0.6% on the day.