PER Ex-Dividend Reminder - 2/12/14

Looking at the universe of stocks we cover at Dividend Channel, on 2/12/14, SandRidge Permian Trust ( PER) will trade ex-dividend, for its quarterly dividend of $0.641, payable on 2/28/14. As a percentage of PER's recent stock price of $13.49, this dividend works out to approximately 4.75%, so look for shares of SandRidge Permian Trust to trade 4.75% lower — all else being equal — when PER shares open for trading on 2/12/14.

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Below is a dividend history chart for PER, showing historical dividends prior to the most recent $0.641 declared by SandRidge Permian Trust:

PER+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 PER is likely to continue, and whether the current estimated yield of 19.01% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PER shares, versus its 200 day moving average:

SandRidge Permian Trust 200 Day Moving Average Chart

Looking at the chart above, PER's low point in its 52 week range is $11.57 per share, with $17.99 as the 52 week high point — that compares with a last trade of $13.49.

In Monday trading, SandRidge Permian Trust shares are currently off about 0.3% on the day.

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