Ex-Div Reminder for Northrim BancCorp (NRIM)

Looking at the universe of stocks we cover at Dividend Channel, on 9/9/14, Northrim BancCorp Inc ( NRIM) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 9/19/14. As a percentage of NRIM's recent stock price of $24.51, this dividend works out to approximately 0.73%, so look for shares of Northrim BancCorp Inc to trade 0.73% lower — all else being equal — when NRIM shares open for trading on 9/9/14.

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Below is a dividend history chart for NRIM, showing historical dividends prior to the most recent $0.18 declared by Northrim BancCorp Inc:

NRIM+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 NRIM is likely to continue, and whether the current estimated yield of 2.94% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NRIM shares, versus its 200 day moving average:

Northrim BancCorp Inc 200 Day Moving Average Chart

Looking at the chart above, NRIM's low point in its 52 week range is $22.56 per share, with $26.90 as the 52 week high point — that compares with a last trade of $24.51.

In Friday trading, Northrim BancCorp Inc shares are currently trading flat on the day.

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