Ex-Div Reminder For NGP Capital Resources (NGPC)

Looking at the universe of stocks we cover at Dividend Channel, on 9/26/13, NGP Capital Resources Company (NGPC) will trade ex-dividend, for its quarterly dividend of $0.16, payable on 10/7/13. As a percentage of NGPC's recent stock price of $7.45, this dividend works out to approximately 2.15%, so look for shares of NGP Capital Resources Company to trade 2.15% lower — all else being equal — when NGPC shares open for trading on 9/26/13.

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 NGPC, showing historical dividends prior to the most recent $0.16 declared by NGP Capital Resources Company:

NGPC+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 NGPC is likely to continue, and whether the current estimated yield of 8.59% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NGPC shares, versus its 200 day moving average:

NGP Capital Resources Company 200 Day Moving Average Chart

Looking at the chart above, NGPC's low point in its 52 week range is $6.00 per share, with $7.98 as the 52 week high point — that compares with a last trade of $7.45.

In Tuesday trading, NGP Capital Resources Company shares are currently off about 0.4% on the day.

null

More from Stocks

At End of May, Investors Signalling They May Stay Away

At End of May, Investors Signalling They May Stay Away

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day