Looking at the universe of stocks we cover at Dividend Channel, on 11/14/19, Cimarex Energy Co (Symbol: XEC) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 11/29/19. As a percentage of XEC's recent stock price of $45.29, this dividend works out to approximately 0.44%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from XEC is likely to continue, and whether the current estimated yield of 1.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of XEC shares, versus its 200 day moving average:
Looking at the chart above, XEC's low point in its 52 week range is $37.19 per share, with $90.84 as the 52 week high point — that compares with a last trade of $45.36.
In Tuesday trading, Cimarex Energy Co shares are currently down about 0.6% 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.