GLENTEL About To Put More Money In Your Pocket

On 4/9/13, GLENTEL Inc ( GLN-T) GLN-T will trade ex-dividend, for its quarterly dividend of $0.125, payable on 4/25/13. As a percentage of GLN's recent stock price of $19.72, this dividend works out to approximately 0.63%, so look for shares of GLENTEL Inc to trade 0.63% lower — all else being equal — when GLN shares open for trading on 4/9/13.

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Below is a dividend history chart for GLN, showing historical dividends prior to the most recent $0.125 declared by GLENTEL Inc:

GLN+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 GLN is likely to continue, and whether the current estimated yield of 2.54% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, GLENTEL Inc shares are currently down about 0.2% on the day.
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