Northeast Bancorp About To Put More Money In Your Pocket (NBN)

Looking at the universe of stocks we cover at Dividend Channel, on 2/10/14, Northeast Bancorp ( NBN) will trade ex-dividend, for its quarterly dividend of $0.09, payable on 2/26/14. As a percentage of NBN's recent stock price of $9.37, this dividend works out to approximately 0.96%, so look for shares of Northeast Bancorp to trade 0.96% lower — all else being equal — when NBN shares open for trading on 2/10/14.

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Below is a dividend history chart for NBN, showing historical dividends prior to the most recent $0.09 declared by Northeast Bancorp :

NBN+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 NBN is likely to continue, and whether the current estimated yield of 3.84% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NBN shares, versus its 200 day moving average:

Northeast Bancorp  200 Day Moving Average Chart

Looking at the chart above, NBN's low point in its 52 week range is $9.00 per share, with $10.88 as the 52 week high point — that compares with a last trade of $9.37.

In Thursday trading, Northeast Bancorp shares are currently trading flat on the day.

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