Forbes.com
Noranda Aluminum Holding Corp to trade ex-dividend
Edited by : AL CIRCLE
1 min read
Looking at the universe of stocks at Dividend Channel, on 5/3/12, Noranda Aluminum Holding Corp (NYSE: NOR) will trade ex-dividend, for its annual dividend of $0.04, payable on 5/30/12. As a percentage of NOR’s recent stock price of $10.59, this dividend works out to approximately 0.38%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NOR is likely to continue, and whether the current estimated yield of 0.38% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, NOR makes up 1.23% of the Dynamic Basic Materials Sector Portfolio ETF (AMEX: PYZ) which is trading higher by about 0.3% on the day Tuesday. In Tuesday trading, Noranda Aluminum Holding Corp shares are currently down about 0.3% on the day.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NOR is likely to continue, and whether the current estimated yield of 0.38% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, NOR makes up 1.23% of the Dynamic Basic Materials Sector Portfolio ETF (AMEX: PYZ) which is trading higher by about 0.3% on the day Tuesday. In Tuesday trading, Noranda Aluminum Holding Corp shares are currently down about 0.3% on the day.
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