Looking at the universe of stocks we cover at Dividend Channel, on 11/14/13, Baltic Trading Ltd (BALT) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 11/22/13. As a percentage of BALT's recent stock price of $5.00, this dividend works out to approximately 0.40%.
Below is a dividend history chart for BALT, showing historical dividends prior to the most recent $0.02 declared by Baltic Trading Ltd:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BALT is likely to continue, and whether the current estimated yield of 1.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BALT shares, versus its 200 day moving average:Looking at the chart above, BALT's low point in its 52 week range is $2.70 per share, with $5.71 as the 52 week high point — that compares with a last trade of $5.00.
In Tuesday trading, Baltic Trading Ltd shares are currently off about 0.4% on the day.