On 6/26/13, Calfrac Well Services Ltd (TSX: CFW.TO) will trade ex-dividend, for its semi-annual dividend of $0.25, payable on 7/15/13. As a percentage of CFW's recent stock price of $29.95, this dividend works out to approximately 0.83%, so look for shares of Calfrac Well Services Ltd to trade 0.83% lower — all else being equal — when CFW shares open for trading on 6/26/13.
Below is a dividend history chart for CFW, showing historical dividends prior to the most recent $0.25 declared by Calfrac Well Services Ltd:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CFW is likely to continue, and whether the current estimated yield of 1.67% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CFW shares, versus its 200 day moving average:Looking at the chart above, CFW's low point in its 52 week range is $20.22 per share, with $31.62 as the 52 week high point — that compares with a last trade of $30.03.
In Monday trading, Calfrac Well Services Ltd shares are currently off about 0.5% on the day.