Cash Dividend On The Way From Range Resources (RRC)

Looking at the universe of stocks we cover at Dividend Channel, on 12/12/13, Range Resources Corp ( RRC) will trade ex-dividend, for its quarterly dividend of $0.04, payable on 12/31/13. As a percentage of RRC's recent stock price of $82.63, this dividend works out to approximately 0.05%.

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Below is a dividend history chart for RRC, showing historical dividends prior to the most recent $0.04 declared by Range Resources Corp:

RRC+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 RRC is likely to continue, and whether the current estimated yield of 0.19% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RRC shares, versus its 200 day moving average:

Range Resources Corp 200 Day Moving Average Chart

Looking at the chart above, RRC's low point in its 52 week range is $61.03 per share, with $85.23 as the 52 week high point — that compares with a last trade of $82.60.

According to the ETF Finder at ETF Channel, RRC makes up 3.12% of the First Trust ISE-Revere Natural Gas Index Fund ETF ( FCG) which is trading higher by about 1.2% on the day Tuesday.

In Tuesday trading, Range Resources Corp shares are currently up about 0.7% on the day.

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