Looking at the universe of stocks we cover at Dividend Channel, on 5/18/17, Alon USA Energy Inc (ALJ) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 6/8/17. As a percentage of ALJ's recent stock price of $12.78, this dividend works out to approximately 1.17%, so look for shares of Alon USA Energy Inc to trade 1.17% lower — all else being equal — when ALJ shares open for trading on 5/18/17.Below is a dividend history chart for ALJ, showing historical dividends prior to the most recent $0.15 declared by Alon USA Energy Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ALJ is likely to continue, and whether the current estimated yield of 4.69% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ALJ shares, versus its 200 day moving average: Looking at the chart above, ALJ's low point in its 52 week range is $5.86 per share, with $13.01 as the 52 week high point — that compares with a last trade of $12.80. According to the ETF Finder at ETF Channel, ALJ makes up 3.17% of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF ( PXE) which is trading relatively unchanged on the day Tuesday. In Tuesday trading, Alon USA Energy Inc shares are currently up about 2.2% on the day.
More from Stocks
Splunk Shares Higher as J.P. Morgan Upgrades Software Firm to Overweight
Analyst Mark Murphy has been bullish on Splunk's fundamentals for at least three quarters, but concern about valuation kept the firm neutral. After a cash-flow guide-down, the `Street consensus [is] largely derisked.'
Cracker Barrel Shares Climb on Earnings Beat, Positive Outlook
Same-restaurant sales rose 3.8% in the quarter, and expectations for fiscal 2020 are for growth of 2% to 3%.
Burlington and TJX Shares Higher After Analyst Upgrade; Other Retailers Lower
While tariffs have hit traditional retailers hard, they have provided a big opportunity for Burlington, which has seen market-share gains as shoppers seek out less expensive alternatives, according to UBS.
Bloom Energy Shares Slump After Scathing Short-Seller Report
Shares of Bloom Energy slumped after Hindenburg Research claimed to have found $2.2 billion in undisclosed liabilities.