Looking at the universe of stocks we cover at Dividend Channel, on 12/6/13, Universal Technical Institute, Inc. (UTI) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 12/20/13. As a percentage of UTI's recent stock price of $14.40, this dividend works out to approximately 0.69%, so look for shares of Universal Technical Institute, Inc. to trade 0.69% lower — all else being equal — when UTI shares open for trading on 12/6/13.
Below is a dividend history chart for UTI, showing historical dividends prior to the most recent $0.10 declared by Universal Technical Institute, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from UTI is likely to continue, and whether the current estimated yield of 2.78% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of UTI shares, versus its 200 day moving average:Looking at the chart above, UTI's low point in its 52 week range is $9.37 per share, with $14.82 as the 52 week high point — that compares with a last trade of $14.40.
In Wednesday trading, Universal Technical Institute, Inc. shares are currently off about 1.2% on the day.