Looking at the universe of stocks we cover at Dividend Channel, on 8/7/20, Noble Energy Inc (Symbol: NBL) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 8/24/20. As a percentage of NBL's recent stock price of $10.37, this dividend works out to approximately 0.19%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NBL is likely to continue, and whether the current estimated yield of 0.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NBL shares, versus its 200 day moving average:
Looking at the chart above, NBL's low point in its 52 week range is $2.73 per share, with $27.31 as the 52 week high point — that compares with a last trade of $10.40.
In Wednesday trading, Noble Energy Inc shares are currently up about 1.8% 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.