Rhino Resource Partners About To Put More Money In Your Pocket (RNO)

Looking at the universe of stocks we cover at Dividend Channel, on 7/30/13, Rhino Resource Partners LP ( RNO) will trade ex-dividend, for its quarterly dividend of $0.445, payable on 8/14/13. As a percentage of RNO's recent stock price of $13.99, this dividend works out to approximately 3.18%, so look for shares of Rhino Resource Partners LP to trade 3.18% lower — all else being equal — when RNO shares open for trading on 7/30/13.

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 RNO, showing historical dividends prior to the most recent $0.445 declared by Rhino Resource Partners LP:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RNO is likely to continue, and whether the current estimated yield of 12.72% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RNO shares, versus its 200 day moving average:

Rhino Resource Partners LP 200 Day Moving Average Chart

Looking at the chart above, RNO's low point in its 52 week range is $12.11 per share, with $17.41 as the 52 week high point — that compares with a last trade of $13.99.

In Friday trading, Rhino Resource Partners LP shares are currently up about 0.1% on the day.

If you liked this article you might like

Renault-Nissan-Mitsubishi Will Launch 12 Zero Emission Vehicles By 2020

'VW2' looms over Daimler, Volvo and others

Iran, With Help From French Automakers, Is Poised to Modernize Its Auto Industry