Looking at the universe of stocks we cover at Dividend Channel, on 6/12/14, TransGlobe Energy Corp. (TGA) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 6/30/14. As a percentage of TGA's recent stock price of $7.23, this dividend works out to approximately 0.69%, so look for shares of TransGlobe Energy Corp. to trade 0.69% lower — all else being equal — when TGA shares open for trading on 6/12/14.
Below is a dividend history chart for TGA, showing historical dividends prior to the most recent $0.05 declared by TransGlobe Energy Corp.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TGA is likely to continue, and whether the current estimated yield of 2.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TGA shares, versus its 200 day moving average:Looking at the chart above, TGA's low point in its 52 week range is $5.52 per share, with $9.66 as the 52 week high point — that compares with a last trade of $7.23.
In Tuesday trading, TransGlobe Energy Corp. shares are currently up about 0.4% on the day.