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On 5/25/11, Resources Connection Inc (NASDAQ:RECN) will trade ex-dividend, for its quarterly dividend of $0.04, payable on 6/24/11. As a percentage of RECN's recent stock price of $13.54, this dividend works out to approximately 0.30%.
Below is a dividend history chart for RECN, showing historical dividends prior to the most recent $0.04 declared by Resources Connection Inc:
RECN Dividend History
Date
Div*
02/16/11
0.040
11/22/10
0.040
08/16/10
0.040
08/06/07
1.250
* 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 RECN is likely to continue, and whether the current estimated yield of 1.18% on annualized basis is a reasonable expectation of annual yield going forward.
RECN operates in the Business Services & Equipment sector, among companies like Rollins, Inc. (NYSE:ROL) which is down about 1.7% today, and Copart, Inc. (NASDAQ:CPRT) trading lower by about 1.5%. Below is a three month price history chart comparing the stock performance of RECN, versus ROL and CPRT.
In Monday trading, Resources Connection Inc shares are currently off about 1.8% on the day.
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