Ex-Div Reminder For NGP Capital Resources Company (NGPC)

Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, NGP Capital Resources Company ( NGPC) will trade ex-dividend, for its quarterly dividend of $0.16, payable on 7/8/13. As a percentage of NGPC's recent stock price of $6.52, this dividend works out to approximately 2.45%, so look for shares of NGP Capital Resources Company to trade 2.45% lower — all else being equal — when NGPC shares open for trading on 6/26/13.

START SLIDESHOW:
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 NGPC, showing historical dividends prior to the most recent $0.16 declared by NGP Capital Resources Company:

NGPC+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 NGPC is likely to continue, and whether the current estimated yield of 9.82% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NGPC shares, versus its 200 day moving average:

NGP Capital Resources Company 200 Day Moving Average Chart

Looking at the chart above, NGPC's low point in its 52 week range is $6.00 per share, with $7.98 as the 52 week high point — that compares with a last trade of $6.52.

According to the ETF Finder at ETF Channel, NGPC makes up 1.05% of the BDC Income ETF ( BIZD) which is trading lower by about 1.6% on the day Monday.

In Monday trading, NGP Capital Resources Company shares are currently up about 0.1% on the day.

null

If you liked this article you might like

What To Hold: 3 Hold-Rated Dividend Stocks CTCM, NGPC, EVEP

3 Hold-Rated Dividend Stocks: NGPC, LRE, CCG

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: NGPC, ARI, PWE

What To Hold: 3 Hold-Rated Dividend Stocks SLRC, STON, NGPC

What To Hold: 3 Hold-Rated Dividend Stocks APTS, NGPC, RAS