Cash Dividend On The Way From Speedway Motorsports (TRK)

Looking at the universe of stocks we cover at Dividend Channel, on 8/14/13, Speedway Motorsports, Inc. (TRK) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 9/6/13. As a percentage of TRK's recent stock price of $18.28, this dividend works out to approximately 0.82%, so look for shares of Speedway Motorsports, Inc. to trade 0.82% lower — all else being equal — when TRK shares open for trading on 8/14/13.

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Below is a dividend history chart for TRK, showing historical dividends prior to the most recent $0.15 declared by Speedway Motorsports, Inc.:

TRK+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 TRK is likely to continue, and whether the current estimated yield of 3.28% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of TRK shares, versus its 200 day moving average:

Speedway Motorsports, Inc. 200 Day Moving Average Chart

Looking at the chart above, TRK's low point in its 52 week range is $14.18 per share, with $19.86 as the 52 week high point — that compares with a last trade of $18.28.

In Monday trading, Speedway Motorsports, Inc. shares are currently up about 0.4% on the day.

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