Looking at the universe of stocks we cover at Dividend Channel, on 2/6/14, Monarch Financial Holdings Inc (MNRK) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 2/28/14. As a percentage of MNRK's recent stock price of $11.47, this dividend works out to approximately 0.61%, so look for shares of Monarch Financial Holdings Inc to trade 0.61% lower — all else being equal — when MNRK shares open for trading on 2/6/14.
Below is a dividend history chart for MNRK, showing historical dividends prior to the most recent $0.07 declared by Monarch Financial Holdings Inc:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MNRK is likely to continue, and whether the current estimated yield of 2.44% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MNRK shares, versus its 200 day moving average:Looking at the chart above, MNRK's low point in its 52 week range is $8.95 per share, with $13.35 as the 52 week high point — that compares with a last trade of $11.47.
According to Preferred Stock Channel, there is a series of preferred stock that is senior to MNRK, which trades under the symbol MNRKP — more info ». In Tuesday trading, Monarch Financial Holdings Inc shares are currently trading flat on the day.