Ex-Div Reminder for Electro Rent (ELRC)

Looking at the universe of stocks we cover at Dividend Channel, on 12/17/14, Electro Rent Corp. (ELRC) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 1/9/15. As a percentage of ELRC's recent stock price of $13.98, this dividend works out to approximately 1.43%, so look for shares of Electro Rent Corp. to trade 1.43% lower — all else being equal — when ELRC shares open for trading on 12/17/14.

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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 5.72% 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 $13.27 per share, with $19.99 as the 52 week high point — that compares with a last trade of $13.98.

In Monday trading, Electro Rent Corp. shares are currently trading flat on the day.

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