On 5/10/11, Spartan Motors, Inc. (NASDAQ:SPAR) will trade ex-dividend, for its semi-annual dividend of $0.05, payable on 6/9/11. As a percentage of SPAR's recent stock price of $5.82, this dividend works out to approximately 0.86%.
Below is a dividend history chart for SPAR, showing historical dividends prior to the most recent $0.05 declared by Spartan Motors, Inc.:
SPAR Dividend History
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SPAR is likely to continue, and whether the current estimated yield of 0.86% on annualized basis is a reasonable expectation of annual yield going forward.
SPAR operates in the Auto Parts sector, among companies like Fuel Systems Solutions Inc (FSYS) which is off about 1.1% today, and Superior Industries International, Inc. (NYSE:SUP) trading lower by about 0.2%. Below is a three month price history chart comparing the stock performance of SPAR, versus FSYS and SUP.
In Monday trading, Spartan Motors, Inc. shares are currently down about 1.5% on the day.
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