Speedway Motorsports About To Put More Money In Your Pocket (TRK)

Looking at the universe of stocks we cover at Dividend Channel, on 11/13/13, Speedway Motorsports, Inc. ( TRK) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 12/6/13. As a percentage of TRK's recent stock price of $18.10, this dividend works out to approximately 0.83%, so look for shares of Speedway Motorsports, Inc. to trade 0.83% lower — all else being equal — when TRK shares open for trading on 11/13/13.

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 TRK, showing historical dividends prior to the most recent $0.15 declared by Speedway Motorsports, Inc.:


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 3.31% 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 $15.12 per share, with $19.91 as the 52 week high point — that compares with a last trade of $18.00.

In Monday trading, Speedway Motorsports, Inc. shares are currently up about 0.6% on the day.

If you liked this article you might like

Analysts' Actions -- Akamai, Estee Lauder, Hess, Ferrari and More

3 Stocks Pushing The Leisure Industry Lower

Speedway Motorsports Inc Stock Upgraded (TRK)

3 Stocks Pushing The Leisure Industry Lower

Speedway Motorsports Inc Stock Downgraded (TRK)