Cash Dividend On The Way From Optical Cable (OCC)

Looking at the universe of stocks we cover at Dividend Channel, on 1/24/14, Optical Cable Corp. (OCC) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 2/14/14. As a percentage of OCC's recent stock price of $3.78, this dividend works out to approximately 0.53%, so look for shares of Optical Cable Corp. to trade 0.53% lower — all else being equal — when OCC shares open for trading on 1/24/14.

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Below is a dividend history chart for OCC, showing historical dividends prior to the most recent $0.02 declared by Optical Cable Corp.:

OCC+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 OCC is likely to continue, and whether the current estimated yield of 2.12% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of OCC shares, versus its 200 day moving average:

Optical Cable Corp. 200 Day Moving Average Chart

Looking at the chart above, OCC's low point in its 52 week range is $3.59 per share, with $4.94 as the 52 week high point — that compares with a last trade of $3.78.

In Wednesday trading, Optical Cable Corp. shares are currently trading flat on the day.

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