Brookline Bancorp About To Put More Money In Your Pocket (BRKL)

Looking at the universe of stocks we cover at Dividend Channel, on 5/8/13, Brookline Bancorp Inc ( BRKL) will trade ex-dividend, for its quarterly dividend of $0.085, payable on 5/24/13. As a percentage of BRKL's recent stock price of $8.38, this dividend works out to approximately 1.01%, so look for shares of Brookline Bancorp Inc to trade 1.01% lower — all else being equal — when BRKL shares open for trading on 5/8/13.

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Below is a dividend history chart for BRKL, showing historical dividends prior to the most recent $0.085 declared by Brookline Bancorp Inc :

BRKL+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 BRKL is likely to continue, and whether the current estimated yield of 4.06% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BRKL shares, versus its 200 day moving average:

Brookline Bancorp Inc  200 Day Moving Average Chart

Looking at the chart above, BRKL's low point in its 52 week range is $7.54 per share, with $9.45 as the 52 week high point — that compares with a last trade of $8.38.

According to the ETF Finder at ETF Channel, BRKL makes up 1.75% of the KBW Regional Banking Portfolio ETF ( KBWR) which is trading relatively unchanged on the day Monday.

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

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