Looking at the universe of stocks we cover at Dividend Channel, on 12/3/12, Old Line Bancshares Inc (NASD: OLBK) will trade ex-dividend, for its quarterly dividend of $0.04, payable on 12/19/12. As a percentage of OLBK's recent stock price of $12.17, this dividend works out to approximately 0.33%.
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Below is a dividend history chart for OLBK, showing historical dividends prior to the most recent $0.04 declared by Old Line Bancshares Inc:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OLBK is likely to continue, and whether the current estimated yield of 1.31% on annualized basis is a reasonable expectation of annual yield going forward.
In Thursday trading, Old Line Bancshares Inc shares are currently up about 3.6% on the day.
