Looking at the universe of stocks we cover at Dividend Channel, on 12/27/13, Atlantic Power Corp (AT) will trade ex-dividend, for its monthly dividend of $0.0333, payable on 1/31/14. As a percentage of AT's recent stock price of $3.35, this dividend works out to approximately 1.00%, so look for shares of Atlantic Power Corp to trade 1.00% lower — all else being equal — when AT shares open for trading on 12/27/13.
Below is a dividend history chart for AT, showing historical dividends prior to the most recent $0.0333 declared by Atlantic Power Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AT is likely to continue, and whether the current estimated yield of 11.94% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AT shares, versus its 200 day moving average:Looking at the chart above, AT's low point in its 52 week range is $3.06 per share, with $13.03 as the 52 week high point — that compares with a last trade of $3.36.
In Thursday trading, Atlantic Power Corp shares are currently up about 2.5% on the day.