Cash Dividend On The Way From Voya Prime Rate Trust (PPR)

Looking at the universe of stocks we cover at Dividend Channel, on 8/7/14, Voya Prime Rate Trust ( PPR) will trade ex-dividend, for its monthly dividend of $0.028, payable on 8/22/14. As a percentage of PPR's recent stock price of $5.55, this dividend works out to approximately 0.50%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for PPR, showing historical dividends prior to the most recent $0.028 declared by Voya Prime Rate Trust:

PPR+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 PPR is likely to continue, and whether the current estimated yield of 6.05% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PPR shares, versus its 200 day moving average:

Voya Prime Rate Trust 200 Day Moving Average Chart

Looking at the chart above, PPR's low point in its 52 week range is $5.54 per share, with $6.23 as the 52 week high point — that compares with a last trade of $5.55.

In Tuesday trading, Voya Prime Rate Trust shares are currently trading flat on the day.

If you liked this article you might like

3 Stocks With Upcoming Ex-Dividend Dates: PPR, CCP, TEX

3 Stocks Going Ex-Dividend Tomorrow: PPR, MWA, PPC

3 Stocks With Upcoming Ex-Dividend Dates: PPR, GLP, APU

Tuesday's Ex-Dividends To Watch: CGO, PPR, GVA

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: PPR, SFL, BRCD