Ex-Div Reminder For Monarch Financial Holdings (MNRK)

Looking at the universe of stocks we cover at Dividend Channel, on 8/7/13, Monarch Financial Holdings Inc ( MNRK) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 8/30/13. As a percentage of MNRK's recent stock price of $11.20, this dividend works out to approximately 0.54%, so look for shares of Monarch Financial Holdings Inc to trade 0.54% lower — all else being equal — when MNRK shares open for trading on 8/7/13.

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 MNRK, showing historical dividends prior to the most recent $0.06 declared by Monarch Financial Holdings Inc:

MNRK+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 MNRK is likely to continue, and whether the current estimated yield of 2.14% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MNRK shares, versus its 200 day moving average:

Monarch Financial Holdings Inc 200 Day Moving Average Chart

Looking at the chart above, MNRK's low point in its 52 week range is $7.76 per share, with $11.93 as the 52 week high point — that compares with a last trade of $11.44.

In Monday trading, Monarch Financial Holdings Inc shares are currently down about 0.7% on the day.
null

If you liked this article you might like

Insider Trading Alert - FLXS, MNRK And ALXN Traded By Insiders

Insider Trading Alert - ATRO, PFS And MNRK Traded By Insiders

Insider Trading Alert - HLIT, MNRK And NUAN Traded By Insiders

Reminder - Monarch Financial Holdings (MNRK) Goes Ex-Dividend Soon

Community Banks With CRE Loan Exposures