Cash Dividend On The Way From MercadoLibre (MELI)

Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, MercadoLibre Inc ( MELI) will trade ex-dividend, for its quarterly dividend of $0.143, payable on 7/15/13. As a percentage of MELI's recent stock price of $105.91, this dividend works out to approximately 0.14%.

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Below is a dividend history chart for MELI, showing historical dividends prior to the most recent $0.143 declared by MercadoLibre Inc:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MELI is likely to continue, and whether the current estimated yield of 0.54% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MELI shares, versus its 200 day moving average:

MercadoLibre Inc 200 Day Moving Average Chart

Looking at the chart above, MELI's low point in its 52 week range is $64.18 per share, with $128.46 as the 52 week high point — that compares with a last trade of $105.52.

According to the ETF Finder at ETF Channel, MELI makes up 20.64% of the FTSE Argentina 20 ETF ( ARGT) which is trading relatively unchanged on the day Monday.

In Monday trading, MercadoLibre Inc shares are currently down about 2.1% on the day.