Reminder - LRAD Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 3/11/16, LRAD Corp (LRAD) will trade ex-dividend, for its quarterly dividend of $0.01, payable on 3/30/16. As a percentage of LRAD's recent stock price of $1.70, this dividend works out to approximately 0.59%, so look for shares of LRAD Corp to trade 0.59% lower — all else being equal — when LRAD shares open for trading on 3/11/16.

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Below is a dividend history chart for LRAD, showing historical dividends prior to the most recent $0.01 declared by LRAD Corp:

LRAD+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 LRAD is likely to continue, and whether the current estimated yield of 2.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LRAD shares, versus its 200 day moving average:

LRAD Corp 200 Day Moving Average Chart

Looking at the chart above, LRAD's low point in its 52 week range is $1.37 per share, with $2.63 as the 52 week high point — that compares with a last trade of $1.70.

In Wednesday trading, LRAD Corp shares are currently up about 1.8% on the day.

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