Looking at the universe of stocks we cover at Dividend Channel, on 1/9/14, CorEnergy Infrastructure Trust (CORR) will trade ex-dividend, for its quarterly dividend of $0.125, payable on 1/23/14. As a percentage of CORR's recent stock price of $7.05, this dividend works out to approximately 1.77%, so look for shares of CorEnergy Infrastructure Trust to trade 1.77% lower — all else being equal — when CORR shares open for trading on 1/9/14.
Below is a dividend history chart for CORR, showing historical dividends prior to the most recent $0.125 declared by CorEnergy Infrastructure Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CORR is likely to continue, and whether the current estimated yield of 7.09% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CORR shares, versus its 200 day moving average:Looking at the chart above, CORR's low point in its 52 week range is $6.10 per share, with $7.99 as the 52 week high point — that compares with a last trade of $7.05.
In Tuesday trading, CorEnergy Infrastructure Trust shares are currently off about 0.8% on the day.