On 5/18/11, Speedway Motorsports, Inc. (NYSE:TRK) will trade ex-dividend, for its quarterly dividend of $0.1, payable on 6/10/11. As a percentage of TRK's recent stock price of $15.02, this dividend works out to approximately 0.67%.
Below is a dividend history chart for TRK, showing historical dividends prior to the most recent $0.1 declared by Speedway Motorsports, Inc.:
TRK 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 TRK is likely to continue, and whether the current estimated yield of 2.66% on annualized basis is a reasonable expectation of annual yield going forward.
TRK operates in the Sporting Goods & Activities sector, among companies like Rick's Cabaret International Inc. (NASDAQ:RICK) which is down about 1.2% today, and Town Sports International Holdings Inc (NASDAQ:CLUB) trading lower by about 1.5%. Below is a three month price history chart comparing the stock performance of TRK, versus RICK and CLUB.
In Monday trading, Speedway Motorsports, Inc. shares are currently up about 0.9% on the day.
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