Looking at the universe of stocks we cover at Dividend Channel, Chesapeake Energy Corporation (NYSE:CHK) will trade ex-dividend on April 13 for its quarterly dividend of 8.75 cents, payable on April 30.
As a percentage of Chesapeake Energy’s recent stock price of $15.16, this dividend works out to approximately 0.58%. So, look for shares of Chesapeake Energy to trade 0.58% lower — all else being equal — when CHK shares open for trading on April 13.
Below is a dividend history chart for CHK, showing historical dividends prior to the most recent 8.75 cents declared by Chesapeake Energy:
In general, dividends are not always predictable, but looking at the history above can help in judging whether the most recent dividend from Chesapeake Energy is likely to continue and whether the current estimated yield of 2.31% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one-year performance of CHK stock versus its 200-day moving average:
Looking at the chart above, Chesapeake Energy’s low point in its 52-week range is $13.38 per share, with $29.92 as the 52-week high point — that compares with a last trade of $15.17.
According to the ETF Finder at ETF Channel, CHK makes up 4.43% of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF (NYSEARCA:PXE), which is trading higher by about 1.6% on the day Thursday.
According to Preferred Stock Channel, there is a series of preferred stock that is senior to CHK, which trades under the symbol CHK.PRD (more info).
In Thursday trading, Chesapeake Energy stock is currently up about 0.4% on the day.