Ex-Div Reminder For Brookline Bancorp (BRKL)

Looking at the universe of stocks we cover at Dividend Channel, on 8/13/14, Brookline Bancorp Inc ( BRKL) will trade ex-dividend, for its quarterly dividend of $0.085, payable on 8/29/14. As a percentage of BRKL's recent stock price of $9.00, this dividend works out to approximately 0.94%, so look for shares of Brookline Bancorp Inc to trade 0.94% lower — all else being equal — when BRKL shares open for trading on 8/13/14.

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Below is a dividend history chart for BRKL, showing historical dividends prior to the most recent $0.085 declared by Brookline Bancorp Inc :


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BRKL is likely to continue, and whether the current estimated yield of 3.78% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BRKL shares, versus its 200 day moving average:

Brookline Bancorp Inc  200 Day Moving Average Chart

Looking at the chart above, BRKL's low point in its 52 week range is $8.55 per share, with $10.01 as the 52 week high point — that compares with a last trade of $8.99.

According to the ETF Finder at ETF Channel, BRKL makes up 1.50% of the Proshares Ultra KBW Regional Banking ETF ( KRU) which is trading higher by about 4.6% on the day Monday.

In Monday trading, Brookline Bancorp Inc shares are currently down about 0.4% on the day.

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