Looking at the universe of stocks we cover at Dividend Channel, on 11/26/13, Enduro Royalty Trust (NDRO) will trade ex-dividend, for its monthly dividend of $0.1523, payable on 12/13/13. As a percentage of NDRO's recent stock price of $12.52, this dividend works out to approximately 1.22%, so look for shares of Enduro Royalty Trust to trade 1.22% lower — all else being equal — when NDRO shares open for trading on 11/26/13.
Below is a dividend history chart for NDRO, showing historical dividends prior to the most recent $0.1523 declared by Enduro Royalty Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NDRO is likely to continue, and whether the current estimated yield of 14.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NDRO shares, versus its 200 day moving average:Looking at the chart above, NDRO's low point in its 52 week range is $11.80 per share, with $18.08 as the 52 week high point — that compares with a last trade of $12.58.
In Friday trading, Enduro Royalty Trust shares are currently up about 0.1% on the day.