Looking at the universe of stocks we cover at Dividend Channel, on 10/21/19, Apache Corp (Symbol: APA) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 11/22/19. As a percentage of APA's recent stock price of $21.75, this dividend works out to approximately 1.15%, so look for shares of Apache Corp to trade 1.15% lower — all else being equal — when APA shares open for trading on 10/21/19.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from APA is likely to continue, and whether the current estimated yield of 4.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of APA shares, versus its 200 day moving average:
Looking at the chart above, APA's low point in its 52 week range is $19.44 per share, with $42.91 as the 52 week high point — that compares with a last trade of $21.69.
In Thursday trading, Apache Corp shares are currently off about 0.1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.