Looking at the universe of stocks we cover at Dividend Channel, on 11/12/13, SandRidge Mississippian Trust I (SDT) will trade ex-dividend, for its quarterly dividend of $0.6029, payable on 11/29/13. As a percentage of SDT's recent stock price of $12.82, this dividend works out to approximately 4.70%, so look for shares of SandRidge Mississippian Trust I to trade 4.70% lower — all else being equal — when SDT shares open for trading on 11/12/13.
Below is a dividend history chart for SDT, showing historical dividends prior to the most recent $0.6029 declared by SandRidge Mississippian 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 SDT is likely to continue, and whether the current estimated yield of 18.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SDT shares, versus its 200 day moving average:Looking at the chart above, SDT's low point in its 52 week range is $11.67 per share, with $19.85 as the 52 week high point — that compares with a last trade of $12.75.
In Friday trading, SandRidge Mississippian Trust I shares are currently up about 0.2% on the day.