BANX Ex-Dividend Reminder - 9/10/14

Looking at the universe of stocks we cover at Dividend Channel, on 9/10/14, Stonecastle Financial Corporation ( BANX) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 9/26/14. As a percentage of BANX's recent stock price of $25.50, this dividend works out to approximately 1.96%, so look for shares of Stonecastle Financial Corporation to trade 1.96% lower — all else being equal — when BANX shares open for trading on 9/10/14.

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Below is a dividend history chart for BANX, showing historical dividends prior to the most recent $0.50 declared by Stonecastle Financial Corporation:

BANX+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 BANX is likely to continue, and whether the current estimated yield of 7.84% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Stonecastle Financial Corporation shares are currently trading flat on the day.

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