Looking at the universe of stocks we cover at Dividend Channel, on 6/2/16, PDL BioPharma Inc (PDLI - Get Report) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 6/13/16. As a percentage of PDLI's recent stock price of $3.36, this dividend works out to approximately 1.49%, so look for shares of PDL BioPharma Inc to trade 1.49% lower — all else being equal — when PDLI shares open for trading on 6/2/16.

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 PDLI, showing historical dividends prior to the most recent $0.05 declared by PDL BioPharma Inc:

PDLI+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 PDLI is likely to continue, and whether the current estimated yield of 5.95% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PDLI shares, versus its 200 day moving average:

PDL BioPharma Inc 200 Day Moving Average Chart

Looking at the chart above, PDLI's low point in its 52 week range is $2.58 per share, with $6.78 as the 52 week high point — that compares with a last trade of $3.36.

In Tuesday trading, PDL BioPharma Inc shares are currently up about 0.6% on the day.