Cash Dividend On The Way From MV Oil Trust (MVO)

Looking at the universe of stocks we cover at Dividend Channel, on 10/10/13, MV Oil Trust ( MVO) will trade ex-dividend, for its quarterly dividend of $0.98, payable on 10/25/13. As a percentage of MVO's recent stock price of $30.03, this dividend works out to approximately 3.26%, so look for shares of MV Oil Trust to trade 3.26% lower — all else being equal — when MVO shares open for trading on 10/10/13.

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Below is a dividend history chart for MVO, showing historical dividends prior to the most recent $0.98 declared by MV Oil Trust:

MVO+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 MVO is likely to continue, and whether the current estimated yield of 13.05% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MVO shares, versus its 200 day moving average:

MV Oil Trust 200 Day Moving Average Chart

Looking at the chart above, MVO's low point in its 52 week range is $22.16 per share, with $36.94 as the 52 week high point — that compares with a last trade of $30.00.

In Wednesday trading, MV Oil Trust shares are currently trading flat on the day.
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