Cash Dividend On The Way From Brookline Bancorp (BRKL)

Looking at the universe of stocks we cover at Dividend Channel, on 5/6/15, Brookline Bancorp Inc ( BRKL) will trade ex-dividend, for its quarterly dividend of $0.09, payable on 5/22/15. As a percentage of BRKL's recent stock price of $10.74, this dividend works out to approximately 0.84%, so look for shares of Brookline Bancorp Inc to trade 0.84% lower — all else being equal — when BRKL shares open for trading on 5/6/15.

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Below is a dividend history chart for BRKL, showing historical dividends prior to the most recent $0.09 declared by Brookline Bancorp Inc :

BRKL+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 BRKL is likely to continue, and whether the current estimated yield of 3.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BRKL shares, versus its 200 day moving average:

Brookline Bancorp Inc  200 Day Moving Average Chart

Looking at the chart above, BRKL's low point in its 52 week range is $8.52 per share, with $11.20 as the 52 week high point — that compares with a last trade of $10.75.

According to the ETF Finder at ETF Channel, BRKL makes up 1.52% of the PowerShares KBW Regional Banking Portfolio ETF ( KBWR) which is trading relatively unchanged on the day Monday.

In Monday trading, Brookline Bancorp Inc shares are currently up about 0.6% on the day.

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