Looking at the universe of stocks we cover at Dividend Channel, on 5/6/14, AMCON Distributing Company (DIT) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 5/29/14. As a percentage of DIT's recent stock price of $79.40, this dividend works out to approximately 0.23%.
Below is a dividend history chart for DIT, showing historical dividends prior to the most recent $0.18 declared by AMCON Distributing Company:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DIT is likely to continue, and whether the current estimated yield of 0.91% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DIT shares, versus its 200 day moving average:Looking at the chart above, DIT's low point in its 52 week range is $70.21 per share, with $92.93 as the 52 week high point — that compares with a last trade of $79.40.
In Friday trading, AMCON Distributing Company shares are currently down about 0.9% on the day.