Looking at the universe of stocks we cover at Dividend Channel, on 7/2/13, Erie Indemnity Co. (ERIE) will trade ex-dividend, for its quarterly dividend of $0.5925, payable on 7/19/13. As a percentage of ERIE's recent stock price of $79.54, this dividend works out to approximately 0.74%, so look for shares of Erie Indemnity Co. to trade 0.74% lower — all else being equal — when ERIE shares open for trading on 7/2/13.
Below is a dividend history chart for ERIE, showing historical dividends prior to the most recent $0.5925 declared by Erie Indemnity Co.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ERIE is likely to continue, and whether the current estimated yield of 2.98% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ERIE shares, versus its 200 day moving average:Looking at the chart above, ERIE's low point in its 52 week range is $61.13 per share, with $83.57 as the 52 week high point — that compares with a last trade of $79.80.
According to the ETF Finder at ETF Channel, ERIE makes up 1.61% of the High Yield Equity Dividend Achievers Portfolio ETF (PEY) which is trading lower by about 0.2% on the day Friday. In Friday trading, Erie Indemnity Co. shares are currently up about 0.2% on the day.