Looking at the universe of stocks we cover at Dividend Channel, on 8/22/13, Old Line Bancshares Inc (OLBK) will trade ex-dividend, for its quarterly dividend of $0.04, payable on 9/13/13. As a percentage of OLBK's recent stock price of $13.00, this dividend works out to approximately 0.31%.
Below is a dividend history chart for OLBK, showing historical dividends prior to the most recent $0.04 declared by Old Line Bancshares Inc:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OLBK is likely to continue, and whether the current estimated yield of 1.23% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OLBK shares, versus its 200 day moving average:Looking at the chart above, OLBK's low point in its 52 week range is $9.81 per share, with $13.42 as the 52 week high point — that compares with a last trade of $13.00.
In Wednesday trading, Old Line Bancshares Inc shares are currently off about 1% on the day.