Cash Dividend On The Way From Linn Energy (LINE)


Looking at the universe of stocks we cover at Dividend Channel , on 3/6/14, Linn Energy LLC (Symbol: LINE) will trade ex-dividend, for its monthly dividend of $0.2416, payable on 3/13/14. As a percentage of LINE's recent stock price of $32.14, this dividend works out to approximately 0.75%, so look for shares of Linn Energy LLC to trade 0.75% lower - all else being equal - when LINE shares open for trading on 3/6/14.


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LINE is likely to continue, and whether the current estimated yield of 9.02% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LINE shares, versus its 200 day moving average:

Linn Energy LLC 200 Day Moving Average Chart

Looking at the chart above, LINE's low point in its 52 week range is $20.35 per share, with $39.47 as the 52 week high point - that compares with a last trade of $32.10.

According to the ETF Finder at ETF Channel, LINE makes up 1.47% of the Unconventional Oil & Gas ETF (Symbol: FRAK) which is trading up by about 0.9% on the day Tuesday.

In Tuesday trading, Linn Energy LLC shares are currently up about 0.8% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Investing Ideas

Referenced Stocks: LINE , FRAK

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