Looking at the universe of stocks we cover at Dividend Channel, on 7/30/13, Rhino Resource Partners LP (RNO) will trade ex-dividend, for its quarterly dividend of $0.445, payable on 8/14/13. As a percentage of RNO's recent stock price of $13.99, this dividend works out to approximately 3.18%, so look for shares of Rhino Resource Partners LP to trade 3.18% lower — all else being equal — when RNO shares open for trading on 7/30/13.
Below is a dividend history chart for RNO, showing historical dividends prior to the most recent $0.445 declared by Rhino Resource Partners LP:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RNO is likely to continue, and whether the current estimated yield of 12.72% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RNO shares, versus its 200 day moving average:Looking at the chart above, RNO's low point in its 52 week range is $12.11 per share, with $17.41 as the 52 week high point — that compares with a last trade of $13.99.
In Friday trading, Rhino Resource Partners LP shares are currently up about 0.1% on the day.