Home Loan Servicing Solutions Light About To Put More Money In Your Pocket (HLSS)

Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, Home Loan Servicing Solutions Light (HLSS) will trade ex-dividend, for its monthly dividend of $0.14, payable on 7/10/13. As a percentage of HLSS's recent stock price of $22.62, this dividend works out to approximately 0.62%, so look for shares of Home Loan Servicing Solutions Light to trade 0.62% lower — all else being equal — when HLSS 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 HLSS, showing historical dividends prior to the most recent $0.14 declared by Home Loan Servicing Solutions Light:

HLSS+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 HLSS is likely to continue, and whether the current estimated yield of 7.43% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, HLSS makes up 2.26% of the SPDR S&P Mortgage Finance ETF ( KME) which is trading relatively unchanged on the day Monday.

In Monday trading, Home Loan Servicing Solutions Light shares are currently off about 1.7% on the day.

null

More from Stocks

Dow Finishes Lower as Nasdaq Posts New Record

Dow Finishes Lower as Nasdaq Posts New Record

News From Starbucks and General Electric Leaves Their Investors Up in Arms

News From Starbucks and General Electric Leaves Their Investors Up in Arms

3 Ways to Fix Starbucks Biggest Challenges

3 Ways to Fix Starbucks Biggest Challenges

Sarepta Shares Keep Climbing and PTC Therapeutics Bounces Back

Sarepta Shares Keep Climbing and PTC Therapeutics Bounces Back

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists