Providence & Worcester Railroad About To Put More Money In Your Pocket (PWX)

Looking at the universe of stocks we cover at Dividend Channel, on 5/6/13, Providence & Worcester Railroad Co. ( PWX) will trade ex-dividend, for its quarterly dividend of $0.04, payable on 5/22/13. As a percentage of PWX's recent stock price of $15.56, this dividend works out to approximately 0.26%.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for PWX, showing historical dividends prior to the most recent $0.04 declared by Providence & Worcester Railroad Co.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PWX is likely to continue, and whether the current estimated yield of 1.03% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PWX shares, versus its 200 day moving average:

Providence & Worcester Railroad Co. 200 Day Moving Average Chart

Looking at the chart above, PWX's low point in its 52 week range is $12.00 per share, with $16.93 as the 52 week high point — that compares with a last trade of $15.56.

In Thursday trading, Providence & Worcester Railroad Co. shares are currently up about 0.4% on the day.

If you liked this article you might like

Fixed-Income Funds Offer Advantages, Even If Interest Rates Rise

PWX Ex-Dividend Reminder - 2/9/15

12 Small-Cap Industrials Stocks That Could Hit It Big in 2015

Dow Down Another Triple Digits, Ebola Fears Hurt Airline Stocks

Rail Offer to Union Fails to Move Market

Rail Offer to Union Fails to Move Market