Looking at the universe of stocks we cover at Dividend Channel, on 7/2/13, Encore Wire Corp. (WIRE) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 7/19/13. As a percentage of WIRE's recent stock price of $34.32, this dividend works out to approximately 0.06%.
Below is a dividend history chart for WIRE, showing historical dividends prior to the most recent $0.02 declared by Encore Wire Corp.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from WIRE is likely to continue, and whether the current estimated yield of 0.23% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of WIRE shares, versus its 200 day moving average:Looking at the chart above, WIRE's low point in its 52 week range is $24.21 per share, with $35.90 as the 52 week high point — that compares with a last trade of $34.32.
In Friday trading, Encore Wire Corp. shares are currently down about 0.9% on the day.