Looking at the universe of stocks we cover at Dividend Channel, on 3/6/14, Baltic Trading Ltd (BALT) will trade ex-dividend, for its quarterly dividend of $0.03, payable on 3/17/14. As a percentage of BALT's recent stock price of $7.14, this dividend works out to approximately 0.42%.
Below is a dividend history chart for BALT, showing historical dividends prior to the most recent $0.03 declared by Baltic Trading Ltd:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BALT is likely to continue, and whether the current estimated yield of 1.68% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BALT shares, versus its 200 day moving average:Looking at the chart above, BALT's low point in its 52 week range is $3.10 per share, with $7.25 as the 52 week high point — that compares with a last trade of $7.19.
In Tuesday trading, Baltic Trading Ltd shares are currently up about 3.5% on the day.