Alon USA Energy About To Put More Money In Your Pocket (ALJ)

Looking at the universe of stocks we cover at Dividend Channel, on 11/29/13, Alon USA Energy Inc ( ALJ) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 12/18/13. As a percentage of ALJ's recent stock price of $13.51, this dividend works out to approximately 0.44%.

START SLIDESHOW:
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 ALJ, showing historical dividends prior to the most recent $0.06 declared by Alon USA Energy Inc:

ALJ+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 ALJ is likely to continue, and whether the current estimated yield of 1.78% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ALJ shares, versus its 200 day moving average:

Alon USA Energy Inc 200 Day Moving Average Chart

Looking at the chart above, ALJ's low point in its 52 week range is $8.55 per share, with $21.24 as the 52 week high point — that compares with a last trade of $13.43.

According to the ETF Finder at ETF Channel, ALJ makes up 2.58% of the Dynamic Energy Exploration & Production Portfolio ETF ( PXE) which is trading lower by about 0.1% on the day Wednesday.

In Wednesday trading, Alon USA Energy Inc shares are currently up about 2% on the day.

null

If you liked this article you might like

Changes in Renewable Fuel Regulations in 2017 Could Impact Your Energy Investments

Tesoro Continues M&A Streak With $6.4 Billion Deal for Western Refining

Bullish and Bearish Reversals in the Market

Energy Sector Down After the Energy Information Administration reported Oil Inventory Build-up

Bullish and Bearish Reversals for the Week