Looking at the universe of stocks we cover at Dividend Channel, on 8/12/13, SandRidge Mississippian Trust I (SDT) will trade ex-dividend, for its quarterly dividend of $0.6112, payable on 8/29/13. As a percentage of SDT's recent stock price of $14.60, this dividend works out to approximately 4.19%, so look for shares of SandRidge Mississippian Trust I to trade 4.19% lower — all else being equal — when SDT shares open for trading on 8/12/13.
Below is a dividend history chart for SDT, showing historical dividends prior to the most recent $0.6112 declared by SandRidge Mississippian Trust I:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SDT is likely to continue, and whether the current estimated yield of 16.75% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SDT shares, versus its 200 day moving average:Looking at the chart above, SDT's low point in its 52 week range is $12.14 per share, with $29.43 as the 52 week high point — that compares with a last trade of $14.59.
In Thursday trading, SandRidge Mississippian Trust I shares are currently up about 0.6% on the day.