ELRC Ex-Dividend Reminder - 9/17/14

Looking at the universe of stocks we cover at Dividend Channel, on 9/17/14, Electro Rent Corp. (ELRC) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 10/10/14. As a percentage of ELRC's recent stock price of $15.10, this dividend works out to approximately 1.32%, so look for shares of Electro Rent Corp. to trade 1.32% lower — all else being equal — when ELRC shares open for trading on 9/17/14.

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Below is a dividend history chart for ELRC, showing historical dividends prior to the most recent $0.20 declared by Electro Rent Corp.:

ELRC+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 ELRC is likely to continue, and whether the current estimated yield of 5.30% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of ELRC shares, versus its 200 day moving average:

Electro Rent Corp. 200 Day Moving Average Chart

Looking at the chart above, ELRC's low point in its 52 week range is $14.76 per share, with $21.58 as the 52 week high point — that compares with a last trade of $15.01.

In Monday trading, Electro Rent Corp. shares are currently down about 0.5% on the day.

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