Cash Dividend On The Way From FreightCar America (RAIL)

Looking at the universe of stocks we cover at Dividend Channel, on 11/15/16, FreightCar America Inc ( RAIL) will trade ex-dividend, for its quarterly dividend of $0.09, payable on 11/23/16. As a percentage of RAIL's recent stock price of $14.50, this dividend works out to approximately 0.62%, so look for shares of FreightCar America Inc to trade 0.62% lower — all else being equal — when RAIL shares open for trading on 11/15/16.

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Below is a dividend history chart for RAIL, showing historical dividends prior to the most recent $0.09 declared by FreightCar America Inc:

RAIL+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 RAIL is likely to continue, and whether the current estimated yield of 2.48% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RAIL shares, versus its 200 day moving average:

FreightCar America Inc 200 Day Moving Average Chart

Looking at the chart above, RAIL's low point in its 52 week range is $10.87 per share, with $24.95 as the 52 week high point — that compares with a last trade of $14.65.

In Friday trading, FreightCar America Inc shares are currently up about 4.5% on the day.

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