Reminder - Scientific Industries (SCND) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 10/9/13, Scientific Industries Incorporated ( SCND) will trade ex-dividend, for its annual dividend of $0.08, payable on 11/4/13. As a percentage of SCND's recent stock price of $3.36, this dividend works out to approximately 2.38%, so look for shares of Scientific Industries Incorporated to trade 2.38% lower — all else being equal — when SCND shares open for trading on 10/9/13.

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Below is a dividend history chart for SCND, showing historical dividends prior to the most recent $0.08 declared by Scientific Industries Incorporated:

SCND+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 SCND is likely to continue, and whether the current estimated yield of 2.38% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SCND shares, versus its 200 day moving average:

Scientific Industries Incorporated 200 Day Moving Average Chart

Looking at the chart above, SCND's low point in its 52 week range is $1.70 per share, with $3.40 as the 52 week high point — that compares with a last trade of $3.36.

In Monday trading, Scientific Industries Incorporated shares are currently trading flat on the day.
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