Cash Dividend On The Way From Heritage Commerce (HTBK)

Looking at the universe of stocks we cover at Dividend Channel, on 8/5/14, Heritage Commerce Corp. ( HTBK) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 8/27/14. As a percentage of HTBK's recent stock price of $8.04, this dividend works out to approximately 0.62%, so look for shares of Heritage Commerce Corp. to trade 0.62% lower — all else being equal — when HTBK shares open for trading on 8/5/14.

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Below is a dividend history chart for HTBK, showing historical dividends prior to the most recent $0.05 declared by Heritage Commerce Corp.:

HTBK+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 HTBK is likely to continue, and whether the current estimated yield of 2.49% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HTBK shares, versus its 200 day moving average:

Heritage Commerce Corp. 200 Day Moving Average Chart

Looking at the chart above, HTBK's low point in its 52 week range is $6.75 per share, with $8.50 as the 52 week high point — that compares with a last trade of $8.04.

In Friday trading, Heritage Commerce Corp. shares are currently up about 0.5% on the day.

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