Looking at the universe of stocks we cover at Dividend Channel, on 4/27/22, First Republic Bank (Symbol: FRC) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 5/12/22. As a percentage of FRC's recent stock price of $154.94, this dividend works out to approximately 0.17%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FRC is likely to continue, and whether the current estimated yield of 0.70% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FRC shares, versus its 200 day moving average:
Looking at the chart above, FRC's low point in its 52 week range is $151.24 per share, with $222.86 as the 52 week high point — that compares with a last trade of $154.94.
In Monday trading, First Republic Bank shares are currently down about 1.4% 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.
