The $0.64 quarterly payout will create a classic “ex‑dividend” price adjustment. On the record‑date (Sept 4) the stock will trade “ex‑dividend,” meaning the market will price in the cash outflow by discounting roughly the dividend amount. In practice NRIM’s share price is likely to open 0.5‑0.7 % lower (≈ $0.60‑$0.70) on Sept 4, then settle around the same level after the dividend is paid on Sept 12. If the stock is currently trading near a short‑term support zone (e.g., just above its 20‑day SMA) the ex‑div dip could test that level; a break below would open the door to further downside, while a bounce back above the SMA would signal resilience and a quick recovery.
From a fundamentals viewpoint the dividend signals continued cash‑flow stability and a shareholder‑friendly board, which adds a modest bullish bias (sentiment 55). Yield‑seeking investors often accumulate the stock in the days leading up to the ex‑date, creating a small, short‑term buying pressure that can offset the mechanical drop. Traders can exploit this by: (1) entering a long position a day or two before Sept 4 to capture the dividend, setting a tight stop just below the 20‑day SMA to protect against a deeper break; (2) alternatively, selling a covered call (≈ $0.70‑$0.80 strike) after the ex‑date to collect premium while the stock rebounds. Overall, expect a modest, predictable price dip on the ex‑dividend date, followed by a short‑term consolidation or modest bounce depending on whether technical support holds.