Looking at the universe of stocks we cover at Dividend Channel, on 4/27/21, Antero Midstream Corp (Symbol: AM) will trade ex-dividend, for its quarterly dividend of $0.225, payable on 5/12/21. As a percentage of AM's recent stock price of $8.90, this dividend works out to approximately 2.53%, so look for shares of Antero Midstream Corp to trade 2.53% lower — all else being equal — when AM shares open for trading on 4/27/21.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AM is likely to continue, and whether the current estimated yield of 10.11% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AM shares, versus its 200 day moving average:
Looking at the chart above, AM's low point in its 52 week range is $3.373 per share, with $9.685 as the 52 week high point — that compares with a last trade of $9.02.
Free Report: Top 7%+ Dividends (paid monthly)
In Friday trading, Antero Midstream Corp 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.
