Cash Dividend On The Way From Panhandle Oil & Gas (PHX)

Looking at the universe of stocks we cover at Dividend Channel, on 11/21/13, Panhandle Oil & Gas Inc ( PHX) will trade ex-dividend, for its quarterly dividend of $0.08, payable on 12/10/13. As a percentage of PHX's recent stock price of $29.03, this dividend works out to approximately 0.28%.

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Below is a dividend history chart for PHX, showing historical dividends prior to the most recent $0.08 declared by Panhandle Oil & Gas Inc:

PHX+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 PHX is likely to continue, and whether the current estimated yield of 1.10% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PHX shares, versus its 200 day moving average:

Panhandle Oil & Gas Inc 200 Day Moving Average Chart

Looking at the chart above, PHX's low point in its 52 week range is $24.70 per share, with $34.00 as the 52 week high point — that compares with a last trade of $29.03.

In Tuesday trading, Panhandle Oil & Gas Inc shares are currently trading flat on the day.
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