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Nabors Industries About To Put More Money In Your Pocket (NBR)

Looking at the universe of stocks we cover at Dividend Channel , on 9/4/15, Nabors Industries Ltd. (Symbol: NBR) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 9/30/15. As a percentage of NBR's recent stock price of $10.99, this dividend works out to approximately 0.55%, so look for shares of Nabors Industries Ltd. to trade 0.55% lower - all else being equal - when NBR shares open for trading on 9/4/15.

NBR+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NBR is likely to continue, and whether the current estimated yield of 2.18% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NBR shares, versus its 200 day moving average:

Nabors Industries Ltd. 200 Day Moving Average Chart

Looking at the chart above, NBR's low point in its 52 week range is $8.94 per share, with $27.34 as the 52 week high point - that compares with a last trade of $11.02.

According to the ETF Finder at ETF Channel, NBR makes up 3.03% of the Oil Services ETF (Symbol: OIH) which is trading relatively unchanged on the day Wednesday.

In Wednesday trading, Nabors Industries Ltd. shares are currently up about 0.5% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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