Looking at the universe of stocks we cover at Dividend Channel, on 7/29/20, First Republic Bank (Symbol: FRC) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 8/13/20. As a percentage of FRC's recent stock price of $113.01, this dividend works out to approximately 0.18%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FRC is likely to continue, and whether the current estimated yield of 0.71% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FRC shares, versus its 200 day moving average:
Looking at the chart above, FRC's low point in its 52 week range is $70.06 per share, with $125.12 as the 52 week high point — that compares with a last trade of $112.78.
In Monday trading, First Republic Bank shares are currently down about 1.6% 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.