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.
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:
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.