Cash Dividend On The Way From Northeast Community Bancorp

Looking at the universe of stocks we cover at Dividend Channel, on 4/3/13, Northeast Community Bancorp Inc ( NECB) NECB will trade ex-dividend, for its quarterly dividend of $0.03, payable on 5/1/13. As a percentage of NECB's recent stock price of $5.47, this dividend works out to approximately 0.55%, so look for shares of Northeast Community Bancorp Inc to trade 0.55% lower — all else being equal — when NECB shares open for trading on 4/3/13.

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Below is a dividend history chart for NECB, showing historical dividends prior to the most recent $0.03 declared by Northeast Community Bancorp Inc:

NECB+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NECB is likely to continue, and whether the current estimated yield of 2.19% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Northeast Community Bancorp Inc shares are currently trading flat on the day.
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