Looking at the universe of stocks we cover at Dividend Channel, on 1/2/14, Pacific Coast Oil Trust (ROYT) will trade ex-dividend, for its monthly dividend of $0.1283, payable on 1/15/14. As a percentage of ROYT's recent stock price of $12.59, this dividend works out to approximately 1.02%, so look for shares of Pacific Coast Oil Trust to trade 1.02% lower — all else being equal — when ROYT shares open for trading on 1/2/14.
Below is a dividend history chart for ROYT, showing historical dividends prior to the most recent $0.1283 declared by Pacific Coast Oil Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ROYT is likely to continue, and whether the current estimated yield of 12.23% on annualized basis is a reasonable expectation of annual yield going forward.
In Tuesday trading, Pacific Coast Oil Trust shares are currently up about 0.6% on the day.
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