Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, Agrium, Inc. (AGU) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/18/13. As a percentage of AGU's recent stock price of $83.33, this dividend works out to approximately 0.60%, so look for shares of Agrium, Inc. to trade 0.60% lower — all else being equal — when AGU shares open for trading on 6/26/13.
Below is a dividend history chart for AGU, showing historical dividends prior to the most recent $0.50 declared by Agrium, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AGU is likely to continue, and whether the current estimated yield of 2.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AGU shares, versus its 200 day moving average:Looking at the chart above, AGU's low point in its 52 week range is $83.10 per share, with $115.31 as the 52 week high point — that compares with a last trade of $83.61.
According to the ETF Finder at ETF Channel, AGU makes up 4.27% of the Agribusiness ETF (MOO) which is trading lower by about 2.8% on the day Monday. In Monday trading, Agrium, Inc. shares are currently down about 3.1% on the day.
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