Cash Dividend On The Way From Golden Enterprises (GLDC)

Looking at the universe of stocks we cover at Dividend Channel, on 10/2/14, Golden Enterprises, Inc. (GLDC) will trade ex-dividend, for its quarterly dividend of $0.0312, payable on 10/29/14. As a percentage of GLDC's recent stock price of $4.61, this dividend works out to approximately 0.68%, so look for shares of Golden Enterprises, Inc. to trade 0.68% lower — all else being equal — when GLDC shares open for trading on 10/2/14.

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Below is a dividend history chart for GLDC, showing historical dividends prior to the most recent $0.0312 declared by Golden Enterprises, Inc.:

GLDC+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 GLDC is likely to continue, and whether the current estimated yield of 2.71% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of GLDC shares, versus its 200 day moving average:

Golden Enterprises, Inc. 200 Day Moving Average Chart

Looking at the chart above, GLDC's low point in its 52 week range is $3.80 per share, with $4.90 as the 52 week high point — that compares with a last trade of $4.61.

In Tuesday trading, Golden Enterprises, Inc. shares are currently trading flat on the day.

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