Reminder - Fred's Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 8/30/17, Fred's Inc. (FRED) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 9/15/17. As a percentage of FRED's recent stock price of $6.16, this dividend works out to approximately 0.97%, so look for shares of Fred's Inc. to trade 0.97% lower — all else being equal — when FRED shares open for trading on 8/30/17.

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Below is a dividend history chart for FRED, showing historical dividends prior to the most recent $0.06 declared by Fred's Inc.:

FRED+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 FRED is likely to continue, and whether the current estimated yield of 3.90% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FRED shares, versus its 200 day moving average:

Fred's Inc. 200 Day Moving Average Chart

Looking at the chart above, FRED's low point in its 52 week range is $5.62 per share, with $21.77 as the 52 week high point — that compares with a last trade of $6.23.

In Monday trading, Fred's Inc. shares are currently up about 1% on the day.

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