On 12/11/13, Deans Knight Corporation (TSX: DNC.TO) will trade ex-dividend, for its monthly dividend of $0.0583, payable on 12/31/13. As a percentage of DNC's recent stock price of $10.23, this dividend works out to approximately 0.57%, so look for shares of Deans Knight Corporation to trade 0.57% lower — all else being equal — when DNC shares open for trading on 12/11/13.
Below is a dividend history chart for DNC, showing historical dividends prior to the most recent $0.0583 declared by Deans Knight Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DNC is likely to continue, and whether the current estimated yield of 6.84% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DNC shares, versus its 200 day moving average:Looking at the chart above, DNC's low point in its 52 week range is $9.54 per share, with $13.20 as the 52 week high point — that compares with a last trade of $10.23.
In Monday trading, Deans Knight Corporation shares are currently up about 4.9% on the day.