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Ex-Div Reminder for SandRidge Mississippian Trust II (SDR)

By Dividend Channel Staff, Thursday, November 8, 10:06 AM ET
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On 11/9/12, SandRidge Mississippian Trust II (NYSE:SDR) will trade ex-dividend, for its quarterly dividend of $0.5986, payable on 11/29/12. As a percentage of SDR's recent stock price of $19.65, this dividend works out to approximately 3.05%, so look for shares of SandRidge Mississippian Trust II to trade 3.05% lower — all else being equal — when SDR shares open for trading on 11/9/12.

Below is a dividend history chart for SDR, showing historical dividends prior to the most recent $0.5986 declared by SandRidge Mississippian Trust II:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SDR is likely to continue, and whether the current estimated yield of 12.19% on annualized basis is a reasonable expectation of annual yield going forward.


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In Thursday trading, SandRidge Mississippian Trust II shares are currently up about 0.7% on the day.

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