Looking at the universe of stocks we cover at Dividend Channel, on 11/27/13, Equal Energy Ltd. (EQU) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 12/20/13. As a percentage of EQU's recent stock price of $5.17, this dividend works out to approximately 0.97%, so look for shares of Equal Energy Ltd. to trade 0.97% lower — all else being equal — when EQU shares open for trading on 11/27/13.
Below is a dividend history chart for EQU, showing historical dividends prior to the most recent $0.05 declared by Equal Energy Ltd.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EQU is likely to continue, and whether the current estimated yield of 3.87% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EQU shares, versus its 200 day moving average:Looking at the chart above, EQU's low point in its 52 week range is $2.88 per share, with $5.18 as the 52 week high point — that compares with a last trade of $5.11.
In Monday trading, Equal Energy Ltd. shares are currently up about 1.4% on the day.