Reminder - Javelin Mortgage Investment (JMI) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 10/10/13, Javelin Mortgage Investment Corp (JMI) will trade ex-dividend, for its monthly dividend of $0.15, payable on 10/28/13. As a percentage of JMI's recent stock price of $11.60, this dividend works out to approximately 1.29%, so look for shares of Javelin Mortgage Investment Corp to trade 1.29% lower — all else being equal — when JMI shares open for trading on 10/10/13.

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Below is a dividend history chart for JMI, showing historical dividends prior to the most recent $0.15 declared by Javelin Mortgage Investment Corp:

JMI+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 JMI is likely to continue, and whether the current estimated yield of 15.52% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Javelin Mortgage Investment Corp shares are currently off about 0.1% on the day.

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