Looking at the universe of stocks we cover at Dividend Channel, on 2/14/14, Chesapeake Granite Wash Trust (CHKR) will trade ex-dividend, for its quarterly dividend of $0.6624, payable on 3/3/14. As a percentage of CHKR's recent stock price of $12.32, this dividend works out to approximately 5.38%, so look for shares of Chesapeake Granite Wash Trust to trade 5.38% lower — all else being equal — when CHKR shares open for trading on 2/14/14.
Below is a dividend history chart for CHKR, showing historical dividends prior to the most recent $0.6624 declared by Chesapeake Granite Wash Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CHKR is likely to continue, and whether the current estimated yield of 21.51% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CHKR shares, versus its 200 day moving average:Looking at the chart above, CHKR's low point in its 52 week range is $9.90 per share, with $19.15 as the 52 week high point — that compares with a last trade of $12.32.
In Wednesday trading, Chesapeake Granite Wash Trust shares are currently up about 0.7% on the day.