Stonecastle Financial About To Put More Money In Your Pocket (BANX)

Looking at the universe of stocks we cover at Dividend Channel, on 6/17/15, Stonecastle Financial Corporation (BANX) will trade ex-dividend, for its quarterly dividend of $0.33, payable on 6/29/15. As a percentage of BANX's recent stock price of $17.86, this dividend works out to approximately 1.85%, so look for shares of Stonecastle Financial Corporation to trade 1.85% lower — all else being equal — when BANX shares open for trading on 6/17/15.

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Below is a dividend history chart for BANX, showing historical dividends prior to the most recent $0.33 declared by Stonecastle Financial Corporation:

BANX+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 BANX is likely to continue, and whether the current estimated yield of 7.39% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BANX shares, versus its 200 day moving average:

Stonecastle Financial Corporation 200 Day Moving Average Chart

Looking at the chart above, BANX's low point in its 52 week range is $16.05 per share, with $27.23 as the 52 week high point — that compares with a last trade of $17.86.

In Monday trading, Stonecastle Financial Corporation shares are currently trading flat on the day.

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