Looking at the universe of stocks we cover at Dividend Channel, on 2/24/14, Medley Capital Corporation (MCC) will trade ex-dividend, for its quarterly dividend of $0.37, payable on 3/14/14. As a percentage of MCC's recent stock price of $14.45, this dividend works out to approximately 2.56%, so look for shares of Medley Capital Corporation to trade 2.56% lower — all else being equal — when MCC shares open for trading on 2/24/14.
Below is a dividend history chart for MCC, showing historical dividends prior to the most recent $0.37 declared by Medley Capital Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MCC is likely to continue, and whether the current estimated yield of 10.24% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MCC shares, versus its 200 day moving average:Looking at the chart above, MCC's low point in its 52 week range is $12.82 per share, with $16.25 as the 52 week high point — that compares with a last trade of $14.44.
According to the ETF Finder at ETF Channel, MCC makes up 3.41% of the KBW High Dividend Yield Financial Portfolio ETF (KBWD) which is trading higher by about 0.3% on the day Thursday. In Thursday trading, Medley Capital Corporation shares are currently up about 1.1% on the day.