Mesa Royalty Trust About To Put More Money In Your Pocket (MTR)

Looking at the universe of stocks we cover at Dividend Channel, on 8/27/14, Mesa Royalty Trust ( MTR) will trade ex-dividend, for its monthly dividend of $0.2717, payable on 10/31/14. As a percentage of MTR's recent stock price of $30.65, this dividend works out to approximately 0.89%, so look for shares of Mesa Royalty Trust to trade 0.89% lower — all else being equal — when MTR shares open for trading on 8/27/14.

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Below is a dividend history chart for MTR, showing historical dividends prior to the most recent $0.2717 declared by Mesa Royalty Trust:

MTR+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 MTR is likely to continue, and whether the current estimated yield of 10.64% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MTR shares, versus its 200 day moving average:

Mesa Royalty Trust 200 Day Moving Average Chart

Looking at the chart above, MTR's low point in its 52 week range is $20.08 per share, with $37.60 as the 52 week high point — that compares with a last trade of $30.65.

In Monday trading, Mesa Royalty Trust shares are currently up about 1.7% on the day.

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