Reminder - Mid Penn Bancorp (MPB) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 11/7/16, Mid Penn Bancorp, Inc. ( MPB) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 11/28/16. As a percentage of MPB's recent stock price of $18.85, this dividend works out to approximately 0.64%, so look for shares of Mid Penn Bancorp, Inc. to trade 0.64% lower — all else being equal — when MPB shares open for trading on 11/7/16.

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Below is a dividend history chart for MPB, showing historical dividends prior to the most recent $0.12 declared by Mid Penn Bancorp, Inc.:

MPB+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 MPB is likely to continue, and whether the current estimated yield of 2.55% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MPB shares, versus its 200 day moving average:

Mid Penn Bancorp, Inc. 200 Day Moving Average Chart

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