Looking at the universe of stocks we cover at Dividend Channel, on 12/24/13, Frisch's Restaurants, Inc. (FRS) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 1/10/14. As a percentage of FRS's recent stock price of $23.92, this dividend works out to approximately 0.75%, so look for shares of Frisch's Restaurants, Inc. to trade 0.75% lower — all else being equal — when FRS shares open for trading on 12/24/13.
Below is a dividend history chart for FRS, showing historical dividends prior to the most recent $0.18 declared by Frisch's Restaurants, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FRS is likely to continue, and whether the current estimated yield of 3.01% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FRS shares, versus its 200 day moving average:Looking at the chart above, FRS's low point in its 52 week range is $15.76 per share, with $25.42 as the 52 week high point — that compares with a last trade of $23.92.
In Friday trading, Frisch's Restaurants, Inc. shares are currently trading flat on the day.