Cash Dividend On The Way From Daktronics (DAKT)

Looking at the universe of stocks we cover at Dividend Channel, on 12/4/13, Daktronics Inc. (DAKT) will trade ex-dividend, for its quarterly dividend of $0.09, payable on 12/20/13. As a percentage of DAKT's recent stock price of $15.22, this dividend works out to approximately 0.59%, so look for shares of Daktronics Inc. to trade 0.59% lower — all else being equal — when DAKT shares open for trading on 12/4/13.

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Below is a dividend history chart for DAKT, showing historical dividends prior to the most recent $0.09 declared by Daktronics Inc.:

DAKT+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 DAKT is likely to continue, and whether the current estimated yield of 2.37% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of DAKT shares, versus its 200 day moving average:

Daktronics Inc. 200 Day Moving Average Chart

Looking at the chart above, DAKT's low point in its 52 week range is $9.41 per share, with $15.61 as the 52 week high point — that compares with a last trade of $15.26.

In Monday trading, Daktronics Inc. shares are currently off about 0.5% on the day.

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