Cash Dividend On The Way From Gold Resource (GORO)

Looking at the universe of stocks we cover at Dividend Channel, on 3/7/14, Gold Resource Corp ( GORO) will trade ex-dividend, for its monthly dividend of $0.01, payable on 3/24/14. As a percentage of GORO's recent stock price of $5.40, this dividend works out to approximately 0.19%.

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Below is a dividend history chart for GORO, showing historical dividends prior to the most recent $0.01 declared by Gold Resource Corp:

GORO+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 GORO is likely to continue, and whether the current estimated yield of 2.22% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GORO shares, versus its 200 day moving average:

Gold Resource Corp 200 Day Moving Average Chart

Looking at the chart above, GORO's low point in its 52 week range is $4.45 per share, with $14.17 as the 52 week high point — that compares with a last trade of $5.40.

In Wednesday trading, Gold Resource Corp shares are currently down about 0.2% on the day.

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