Looking at the universe of stocks we cover at Dividend Channel, on 3/16/17, THL Credit Incorporated (TCRD - Get Report) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 3/31/17. As a percentage of TCRD's recent stock price of $9.61, this dividend works out to approximately 2.81%, so look for shares of THL Credit Incorporated to trade 2.81% lower — all else being equal — when TCRD shares open for trading on 3/16/17.

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Below is a dividend history chart for TCRD, showing historical dividends prior to the most recent $0.27 declared by THL Credit Incorporated:

TCRD+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 TCRD is likely to continue, and whether the current estimated yield of 11.24% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TCRD shares, versus its 200 day moving average:

THL Credit Incorporated 200 Day Moving Average Chart

Looking at the chart above, TCRD's low point in its 52 week range is $8.75 per share, with $11.84 as the 52 week high point — that compares with a last trade of $9.62.

According to the ETF Finder at ETF Channel, TCRD makes up 1.48% of the BDC Income ETF ( BIZD) which is trading lower by about 0.2% on the day Tuesday.

In Tuesday trading, THL Credit Incorporated shares are currently off about 0.1% on the day.