Looking at the universe of stocks we cover at Dividend Channel, on 8/12/13, SandRidge Mississippian Trust II (SDR) will trade ex-dividend, for its quarterly dividend of $0.683, payable on 8/29/13. As a percentage of SDR's recent stock price of $15.70, this dividend works out to approximately 4.35%, so look for shares of SandRidge Mississippian Trust II to trade 4.35% lower — all else being equal — when SDR shares open for trading on 8/12/13.
Below is a dividend history chart for SDR, showing historical dividends prior to the most recent $0.683 declared by SandRidge Mississippian Trust II:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SDR is likely to continue, and whether the current estimated yield of 17.40% on annualized basis is a reasonable expectation of annual yield going forward.
In Thursday trading, SandRidge Mississippian Trust II shares are currently up about 0.8% on the day.