Looking at the universe of stocks we cover at Dividend Channel, on 12/30/14, Newcastle Investment Corp (NCT) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 1/30/15. As a percentage of NCT's recent stock price of $4.66, this dividend works out to approximately 2.58%, so look for shares of Newcastle Investment Corp to trade 2.58% lower — all else being equal — when NCT shares open for trading on 12/30/14.

START SLIDESHOW:
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Below is a dividend history chart for NCT, showing historical dividends prior to the most recent $0.12 declared by Newcastle Investment Corp:

NCT+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 NCT is likely to continue, and whether the current estimated yield of 10.30% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NCT shares, versus its 200 day moving average:

Newcastle Investment Corp 200 Day Moving Average Chart

Looking at the chart above, NCT's low point in its 52 week range is $4.00 per share, with $5.53 as the 52 week high point — that compares with a last trade of $4.64.

According to Preferred Stock Channel, there are 3 series of preferred stock that are senior to NCT — find out what they are ».

In Friday trading, Newcastle Investment Corp shares are currently off about 0.4% on the day.