Looking at the universe of stocks we cover at Dividend Channel, on 8/16/23, Chesapeake Energy Corp. (Symbol: CHK) will trade ex-dividend, for its quarterly dividend of $0.575, payable on 9/6/23. As a percentage of CHK's recent stock price of $84.84, this dividend works out to approximately 0.68%, so look for shares of Chesapeake Energy Corp. to trade 0.68% lower — all else being equal — when CHK shares open for trading on 8/16/23.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CHK is likely to continue, and whether the current estimated yield of 2.71% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CHK shares, versus its 200 day moving average:
Looking at the chart above, CHK's low point in its 52 week range is $69.68 per share, with $107.31 as the 52 week high point — that compares with a last trade of $84.64.
In Monday trading, Chesapeake Energy Corp. shares are currently off about 0.1% 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.
