Looking at the universe of stocks we cover at Dividend Channel, on 2/12/14, SandRidge Mississippian Trust I (SDT) will trade ex-dividend, for its quarterly dividend of $0.5003, payable on 2/28/14. As a percentage of SDT's recent stock price of $9.74, this dividend works out to approximately 5.14%, so look for shares of SandRidge Mississippian Trust I to trade 5.14% lower — all else being equal — when SDT shares open for trading on 2/12/14.
Below is a dividend history chart for SDT, showing historical dividends prior to the most recent $0.5003 declared by SandRidge Mississippian Trust I:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SDT is likely to continue, and whether the current estimated yield of 20.55% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SDT shares, versus its 200 day moving average:Looking at the chart above, SDT's low point in its 52 week range is $8.65 per share, with $18.33 as the 52 week high point — that compares with a last trade of $9.71.
In Monday trading, SandRidge Mississippian Trust I shares are currently up about 0.7% on the day.