Looking at the universe of stocks we cover at Dividend Channel, on 7/29/13, Enduro Royalty Trust (NDRO) will trade ex-dividend, for its monthly dividend of $0.1339, payable on 8/14/13. As a percentage of NDRO's recent stock price of $15.15, this dividend works out to approximately 0.88%, so look for shares of Enduro Royalty Trust to trade 0.88% lower — all else being equal — when NDRO shares open for trading on 7/29/13.
Below is a dividend history chart for NDRO, showing historical dividends prior to the most recent $0.1339 declared by Enduro Royalty Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NDRO is likely to continue, and whether the current estimated yield of 10.61% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NDRO shares, versus its 200 day moving average:Looking at the chart above, NDRO's low point in its 52 week range is $14.66 per share, with $19.73 as the 52 week high point — that compares with a last trade of $15.15.
In Thursday trading, Enduro Royalty Trust shares are currently trading flat on the day.