Looking at the universe of stocks we cover at Dividend Channel, on 8/13/13, Psychemedics Corp. (PMD) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 8/28/13. As a percentage of PMD's recent stock price of $13.08, this dividend works out to approximately 1.15%, so look for shares of Psychemedics Corp. to trade 1.15% lower — all else being equal — when PMD shares open for trading on 8/13/13.
Below is a dividend history chart for PMD, showing historical dividends prior to the most recent $0.15 declared by Psychemedics Corp.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PMD is likely to continue, and whether the current estimated yield of 4.59% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PMD shares, versus its 200 day moving average:Looking at the chart above, PMD's low point in its 52 week range is $10.55 per share, with $13.10 as the 52 week high point — that compares with a last trade of $13.08.
In Friday trading, Psychemedics Corp. shares are currently up about 0.6% on the day.