Looking at the universe of stocks we cover at Dividend Channel, on 5/30/19, Enerplus Corp (Symbol: ERF) will trade ex-dividend, for its monthly dividend of $0.01, payable on 6/14/19. As a percentage of ERF's recent stock price of $7.79, this dividend works out to approximately 0.13%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ERF is likely to continue, and whether the current estimated yield of 1.54% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ERF shares, versus its 200 day moving average:
Looking at the chart above, ERF's low point in its 52 week range is $6.84 per share, with $13.87 as the 52 week high point — that compares with a last trade of $7.81.
In Tuesday trading, Enerplus Corp shares are currently up about 0.8% 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.