Cash Dividend On The Way From SandRidge Mississippian Trust I (SDT)

Looking at the universe of stocks we cover at Dividend Channel, on 8/12/14, SandRidge Mississippian Trust I ( SDT) will trade ex-dividend, for its quarterly dividend of $0.3577, payable on 8/29/14. As a percentage of SDT's recent stock price of $6.30, this dividend works out to approximately 5.67%, so look for shares of SandRidge Mississippian Trust I to trade 5.67% lower — all else being equal — when SDT shares open for trading on 8/12/14.

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Below is a dividend history chart for SDT, showing historical dividends prior to the most recent $0.3577 declared by SandRidge Mississippian Trust I:

SDT+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 SDT is likely to continue, and whether the current estimated yield of 22.70% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SDT shares, versus its 200 day moving average:

SandRidge Mississippian Trust I 200 Day Moving Average Chart

Looking at the chart above, SDT's low point in its 52 week range is $6.15 per share, with $14.60 as the 52 week high point — that compares with a last trade of $6.29.

In Friday trading, SandRidge Mississippian Trust I shares are currently up about 1.4% on the day.

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