CSY Ex-Dividend Reminder - 9/26/13
On 9/26/13, Can-60 Income (TSX: CSY.TO) will trade ex-dividend, for its quarterly dividend of $0.1625, payable on 10/15/13. As a percentage of CSY's recent stock price of $7.98, this dividend works out to approximately 2.04%, so look for shares of Can-60 Income to trade 2.04% lower — all else being equal — when CSY shares open for trading on 9/26/13.
Below is a dividend history chart for CSY, showing historical dividends prior to the most recent $0.1625 declared by Can-60 Income:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CSY is likely to continue, and whether the current estimated yield of 8.15% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CSY shares, versus its 200 day moving average:Looking at the chart above, CSY's low point in its 52 week range is $7.38 per share, with $8.51 as the 52 week high point — that compares with a last trade of $7.98.
In Tuesday trading, Can-60 Income shares are currently trading flat on the day.
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