Looking at the universe of stocks we cover at Dividend Channel, on 8/29/13, LSI Industries Inc. (LYTS) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 9/10/13. As a percentage of LYTS's recent stock price of $7.02, this dividend works out to approximately 0.85%, so look for shares of LSI Industries Inc. to trade 0.85% lower — all else being equal — when LYTS shares open for trading on 8/29/13.
Below is a dividend history chart for LYTS, showing historical dividends prior to the most recent $0.06 declared by LSI Industries Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LYTS is likely to continue, and whether the current estimated yield of 3.42% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LYTS shares, versus its 200 day moving average:Looking at the chart above, LYTS's low point in its 52 week range is $6.10 per share, with $8.70 as the 52 week high point — that compares with a last trade of $7.02.
In Tuesday trading, LSI Industries Inc. shares are currently off about 0.4% on the day.