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.

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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.
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