Looking at the universe of stocks we cover at Dividend Channel, on 10/21/13, Compass Diversified Holdings (CODI) will trade ex-dividend, for its quarterly dividend of $0.36, payable on 10/30/13. As a percentage of CODI's recent stock price of $18.41, this dividend works out to approximately 1.96%, so look for shares of Compass Diversified Holdings to trade 1.96% lower — all else being equal — when CODI shares open for trading on 10/21/13.
Below is a dividend history chart for CODI, showing historical dividends prior to the most recent $0.36 declared by Compass Diversified Holdings:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CODI is likely to continue, and whether the current estimated yield of 7.82% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CODI shares, versus its 200 day moving average:Looking at the chart above, CODI's low point in its 52 week range is $13.49 per share, with $18.94 as the 52 week high point — that compares with a last trade of $18.41.
In Thursday trading, Compass Diversified Holdings shares are currently up about 0.3% on the day.