Cash Dividend On The Way From SandRidge Mississippian Trust II (SDR)

Looking at the universe of stocks we cover at Dividend Channel, on 2/12/14, SandRidge Mississippian Trust II ( SDR) will trade ex-dividend, for its quarterly dividend of $0.568, payable on 2/28/14. As a percentage of SDR's recent stock price of $9.91, this dividend works out to approximately 5.73%, so look for shares of SandRidge Mississippian Trust II to trade 5.73% lower — all else being equal — when SDR shares open for trading on 2/12/14.

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Below is a dividend history chart for SDR, showing historical dividends prior to the most recent $0.568 declared by SandRidge Mississippian Trust II:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SDR is likely to continue, and whether the current estimated yield of 22.93% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SDR shares, versus its 200 day moving average:

SandRidge Mississippian Trust II 200 Day Moving Average Chart

Looking at the chart above, SDR's low point in its 52 week range is $8.59 per share, with $15.93 as the 52 week high point — that compares with a last trade of $9.96.

In Monday trading, SandRidge Mississippian Trust II shares are currently down about 0.3% on the day.

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