Looking at the universe of stocks we cover at Dividend Channel, on 6/19/19, Orion Engineered Carbons SA (Symbol: OEC) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 6/28/19. As a percentage of OEC's recent stock price of $19.77, this dividend works out to approximately 1.01%, so look for shares of Orion Engineered Carbons SA to trade 1.01% lower — all else being equal — when OEC shares open for trading on 6/19/19.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OEC is likely to continue, and whether the current estimated yield of 4.05% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OEC shares, versus its 200 day moving average:
Looking at the chart above, OEC's low point in its 52 week range is $17.52 per share, with $36.55 as the 52 week high point — that compares with a last trade of $19.77.
In Monday trading, Orion Engineered Carbons SA 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.