PME Ex-Dividend Reminder - 11/29/17

Looking at the universe of stocks we cover at Dividend Channel, on 11/29/17, Pingtan Marine Enterprise Ltd. (PME) will trade ex-dividend, for its quarterly dividend of $0.01, payable on 12/15/17. As a percentage of PME's recent stock price of $3.10, this dividend works out to approximately 0.32%.

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Below is a dividend history chart for PME, showing historical dividends prior to the most recent $0.01 declared by Pingtan Marine Enterprise Ltd.:

PME+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 PME is likely to continue, and whether the current estimated yield of 1.29% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PME shares, versus its 200 day moving average:

Pingtan Marine Enterprise Ltd. 200 Day Moving Average Chart

Looking at the chart above, PME's low point in its 52 week range is $1.30 per share, with $5.18 as the 52 week high point — that compares with a last trade of $3.09.

In Monday trading, Pingtan Marine Enterprise Ltd. shares are currently down about 2.1% on the day.

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