Looking at the universe of stocks we cover at Dividend Channel , on 6/10/14, Ship Finance International Ltd (Symbol: SFL) will trade ex-dividend, for its quarterly dividend of $0.41, payable on 6/30/14. As a percentage of SFL's recent stock price of $19.12, this dividend works out to approximately 2.14%, so look for shares of Ship Finance International Ltd to trade 2.14% lower - all else being equal - when SFL shares open for trading on 6/10/14.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SFL is likely to continue, and whether the current estimated yield of 8.58% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SFL shares, versus its 200 day moving average:
Looking at the chart above, SFL's low point in its 52 week range is $14.12 per share, with $19.35 as the 52 week high point - that compares with a last trade of $19.24.
According to the ETF Finder at ETF Channel, SFL makes up 3.08% of the Guggenheim Shipping ETF (Symbol: SEA) which is trading up by about 0.6% on the day Friday.
In Friday trading, Ship Finance International Ltd shares are currently up about 0.2% 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.