Looking at the universe of stocks we cover at Dividend Channel, on 12/18/13, Banc of California, Inc. (BANC) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 1/2/14. As a percentage of BANC's recent stock price of $12.85, this dividend works out to approximately 0.93%, so look for shares of Banc of California, Inc. to trade 0.93% lower — all else being equal — when BANC shares open for trading on 12/18/13.
Below is a dividend history chart for BANC, showing historical dividends prior to the most recent $0.12 declared by Banc of California, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BANC is likely to continue, and whether the current estimated yield of 3.74% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BANC shares, versus its 200 day moving average:Looking at the chart above, BANC's low point in its 52 week range is $10.08 per share, with $15.88 as the 52 week high point — that compares with a last trade of $12.86.
In Monday trading, Banc of California, Inc. shares are currently up about 0.7% on the day.