Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 12/14/17, Range Resources Corp (Symbol: RRC) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 12/29/17. As a percentage of RRC's recent stock price of $16.58, this dividend works out to approximately 0.12%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RRC is likely to continue, and whether the current estimated yield of 0.48% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RRC shares, versus its 200 day moving average:
Looking at the chart above, RRC's low point in its 52 week range is $15.91 per share, with $39.64 as the 52 week high point - that compares with a last trade of $16.49.
According to the ETF Finder at ETF Channel, RRC makes up 3.70% of the First Trust Natural Gas ETF (Symbol: FCG) which is trading lower by about 0.7% on the day Tuesday.
In Tuesday trading, Range Resources Corp shares are currently down about 0.7% on the day.
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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.
