Looking at the universe of stocks we cover at Dividend Channel, on 5/16/14, Baltic Trading Ltd (BALT) will trade ex-dividend, for its quarterly dividend of $0.01, payable on 5/27/14. As a percentage of BALT's recent stock price of $6.31, this dividend works out to approximately 0.16%.
Below is a dividend history chart for BALT, showing historical dividends prior to the most recent $0.01 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 0.63% 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 $3.41 per share, with $7.94 as the 52 week high point — that compares with a last trade of $6.35.
In Wednesday trading, Baltic Trading Ltd shares are currently up about 1.3% on the day.