Looking at the universe of stocks we cover at Dividend Channel , on 6/5/14, LinnCo, LLC (Symbol: LNCO) will trade ex-dividend, for its monthly dividend of $0.2416, payable on 6/13/14. As a percentage of LNCO's recent stock price of $28.30, this dividend works out to approximately 0.85%, so look for shares of LinnCo, LLC to trade 0.85% lower - all else being equal - when LNCO shares open for trading on 6/5/14.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LNCO is likely to continue, and whether the current estimated yield of 10.24% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LNCO shares, versus its 200 day moving average:
Looking at the chart above, LNCO's low point in its 52 week range is $23.03 per share, with $39.14 as the 52 week high point - that compares with a last trade of $28.36.
According to the ETF Finder at ETF Channel, LNCO makes up 1.67% of the SuperDividend U.S. ETF (Symbol: DIV) which is trading relatively unchanged on the day Wednesday.
In Wednesday trading, LinnCo, LLC shares are currently up about 0.3% 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.