Looking at the universe of stocks we cover at Dividend Channel, on 1/29/14, Enduro Royalty Trust (NDRO) will trade ex-dividend, for its monthly dividend of $0.1179, payable on 2/14/14. As a percentage of NDRO's recent stock price of $13.25, this dividend works out to approximately 0.89%, so look for shares of Enduro Royalty Trust to trade 0.89% lower — all else being equal — when NDRO shares open for trading on 1/29/14.
Below is a dividend history chart for NDRO, showing historical dividends prior to the most recent $0.1179 declared by Enduro Royalty Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NDRO is likely to continue, and whether the current estimated yield of 10.68% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NDRO shares, versus its 200 day moving average:Looking at the chart above, NDRO's low point in its 52 week range is $11.80 per share, with $17.99 as the 52 week high point — that compares with a last trade of $13.25.
In Monday trading, Enduro Royalty Trust shares are currently up about 1.3% on the day.