Looking at the universe of stocks we cover at Dividend Channel, on 8/14/13, ECA Marcellus Trust I (ECT) will trade ex-dividend, for its quarterly dividend of $0.477, payable on 8/30/13. As a percentage of ECT's recent stock price of $10.55, this dividend works out to approximately 4.52%, so look for shares of ECA Marcellus Trust I to trade 4.52% lower — all else being equal — when ECT shares open for trading on 8/14/13.
Below is a dividend history chart for ECT, showing historical dividends prior to the most recent $0.477 declared by ECA Marcellus 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 ECT is likely to continue, and whether the current estimated yield of 18.09% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ECT shares, versus its 200 day moving average:Looking at the chart above, ECT's low point in its 52 week range is $9.01 per share, with $22.34 as the 52 week high point — that compares with a last trade of $10.53.
In Monday trading, ECA Marcellus Trust I shares are currently up about 0.9% on the day.