Ex-Div Reminder For Southern National Bancorp Of Virginia (SONA)

Looking at the universe of stocks we cover at Dividend Channel, on 5/9/13, Southern National Bancorp of Virginia Inc ( SONA) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 5/24/13. As a percentage of SONA's recent stock price of $10.24, this dividend works out to approximately 0.59%, so look for shares of Southern National Bancorp of Virginia Inc to trade 0.59% lower — all else being equal — when SONA shares open for trading on 5/9/13.

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Below is a dividend history chart for SONA, showing historical dividends prior to the most recent $0.06 declared by Southern National Bancorp of Virginia Inc:

SONA+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 SONA is likely to continue, and whether the current estimated yield of 2.34% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SONA shares, versus its 200 day moving average:

Southern National Bancorp of Virginia Inc 200 Day Moving Average Chart

Looking at the chart above, SONA's low point in its 52 week range is $6.75 per share, with $12.00 as the 52 week high point — that compares with a last trade of $10.24.

In Tuesday trading, Southern National Bancorp of Virginia Inc shares are currently trading flat on the day.

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