Looking at the universe of stocks we cover at Dividend Channel, on 4/28/14, Ardmore Shipping Corp (ASC) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 5/15/14. As a percentage of ASC's recent stock price of $13.01, this dividend works out to approximately 0.77%, so look for shares of Ardmore Shipping Corp to trade 0.77% lower — all else being equal — when ASC shares open for trading on 4/28/14.
Below is a dividend history chart for ASC, showing historical dividends prior to the most recent $0.10 declared by Ardmore Shipping Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ASC is likely to continue, and whether the current estimated yield of 3.07% on annualized basis is a reasonable expectation of annual yield going forward.
In Thursday trading, Ardmore Shipping Corp shares are currently up about 0.2% on the day.