Ex-Div Reminder for NGP Capital Resources (NGPC)

Looking at the universe of stocks we cover at Dividend Channel, on 12/24/13, NGP Capital Resources Company (NGPC) will trade ex-dividend, for its quarterly dividend of $0.16, payable on 1/6/14. As a percentage of NGPC's recent stock price of $7.56, this dividend works out to approximately 2.12%, so look for shares of NGP Capital Resources Company to trade 2.12% lower — all else being equal — when NGPC shares open for trading on 12/24/13.

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 NGPC, showing historical dividends prior to the most recent $0.16 declared by NGP Capital Resources Company:

NGPC+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 NGPC is likely to continue, and whether the current estimated yield of 8.47% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NGPC shares, versus its 200 day moving average:

NGP Capital Resources Company 200 Day Moving Average Chart

Looking at the chart above, NGPC's low point in its 52 week range is $6.00 per share, with $7.78 as the 52 week high point — that compares with a last trade of $7.62.

In Friday trading, NGP Capital Resources Company shares are currently up about 0.4% on the day.

More from Stocks

3 Fierce Chinese Tech Stocks to Gamble on Right Now

3 Fierce Chinese Tech Stocks to Gamble on Right Now

Stocks Slammed on Latest Trump Tariff Fears

Stocks Slammed on Latest Trump Tariff Fears

How Small-Cap Stocks Can Protect Your Portfolio From a Trade War

How Small-Cap Stocks Can Protect Your Portfolio From a Trade War

Trump's Obsession With Winning His China Trade War Could Pummel Investors

Trump's Obsession With Winning His China Trade War Could Pummel Investors

How to Play Nvidia and Intel on a Trade War With China

How to Play Nvidia and Intel on a Trade War With China