Looking at the universe of stocks we cover at Dividend Channel, on 5/29/14, Daktronics Inc. (DAKT) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 6/13/14. As a percentage of DAKT's recent stock price of $13.24, this dividend works out to approximately 0.76%, so look for shares of Daktronics Inc. to trade 0.76% lower — all else being equal — when DAKT shares open for trading on 5/29/14.
Below is a dividend history chart for DAKT, showing historical dividends prior to the most recent $0.10 declared by Daktronics Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DAKT is likely to continue, and whether the current estimated yield of 3.02% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DAKT shares, versus its 200 day moving average:Looking at the chart above, DAKT's low point in its 52 week range is $9.93 per share, with $16.09 as the 52 week high point — that compares with a last trade of $13.11.
In Wednesday trading, Daktronics Inc. shares are currently down about 8.5% on the day.