Cash Dividend On The Way From Institutional Financial Markets (IFMI)

Looking at the universe of stocks we cover at Dividend Channel, on 5/22/13, Institutional Financial Markets (IFMI) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 6/7/13. As a percentage of IFMI's recent stock price of $2.13, this dividend works out to approximately 0.94%, so look for shares of Institutional Financial Markets to trade 0.94% lower — all else being equal — when IFMI shares open for trading on 5/22/13.

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Below is a dividend history chart for IFMI, showing historical dividends prior to the most recent $0.02 declared by Institutional Financial Markets:

IFMI+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 IFMI is likely to continue, and whether the current estimated yield of 3.76% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of IFMI shares, versus its 200 day moving average:

Institutional Financial Markets 200 Day Moving Average Chart

Looking at the chart above, IFMI's low point in its 52 week range is $0.79 per share, with $3.39 as the 52 week high point — that compares with a last trade of $2.20.

In Monday trading, Institutional Financial Markets shares are currently trading flat on the day.

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