Looking at the universe of stocks we cover at Dividend Channel , on 1/27/17, Enerplus Corp (Symbol: ERF) will trade ex-dividend, for its monthly dividend of $0.01, payable on 2/15/17. As a percentage of ERF's recent stock price of $9.48, this dividend works out to approximately 0.11%.
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 1.27% 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 $2.43 per share, with $10.33 as the 52 week high point - that compares with a last trade of $9.47.
In Wednesday trading, Enerplus Corp shares are currently up about 0.5% 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.