Looking at the universe of stocks we cover at Dividend Channel, on 8/19/13, Institutional Financial Markets (IFMI) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 9/4/13. As a percentage of IFMI's recent stock price of $2.02, this dividend works out to approximately 0.99%, so look for shares of Institutional Financial Markets to trade 0.99% lower — all else being equal — when IFMI shares open for trading on 8/19/13.
Below is a dividend history chart for IFMI, showing historical dividends prior to the most recent $0.02 declared by Institutional Financial Markets:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IFMI is likely to continue, and whether the current estimated yield of 3.96% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IFMI shares, versus its 200 day moving average:Looking at the chart above, IFMI's low point in its 52 week range is $1.00 per share, with $3.39 as the 52 week high point — that compares with a last trade of $2.02.
In Thursday trading, Institutional Financial Markets shares are currently trading flat on the day.