SDR Ex-Dividend Reminder - 5/13/15

Looking at the universe of stocks we cover at Dividend Channel, on 5/13/15, SandRidge Mississippian Trust II (SDR) will trade ex-dividend, for its quarterly dividend of $0.29, payable on 5/29/15. As a percentage of SDR's recent stock price of $4.98, this dividend works out to approximately 5.82%, so look for shares of SandRidge Mississippian Trust II to trade 5.82% lower — all else being equal — when SDR shares open for trading on 5/13/15.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for SDR, showing historical dividends prior to the most recent $0.29 declared by SandRidge Mississippian Trust II:

SDR+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 SDR is likely to continue, and whether the current estimated yield of 23.29% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of SDR shares, versus its 200 day moving average:

SandRidge Mississippian Trust II 200 Day Moving Average Chart

Looking at the chart above, SDR's low point in its 52 week range is $3.60 per share, with $8.41 as the 52 week high point — that compares with a last trade of $4.98.

In Monday trading, SandRidge Mississippian Trust II shares are currently up about 0.4% on the day.

More from Stocks

Dow Futures Tank as Trade War Fears Grip Wall Street

Dow Futures Tank as Trade War Fears Grip Wall Street

Why GE's Stock Has Fallen 9% in the Last 30 Days

Why GE's Stock Has Fallen 9% in the Last 30 Days

5 Stock Picks Under $10 for Millennials

5 Stock Picks Under $10 for Millennials

3 Complicated Investing Strategies Millennials Love

3 Complicated Investing Strategies Millennials Love

Tyson Foods CEO: We Aren't Done Making Deals

Tyson Foods CEO: We Aren't Done Making Deals