On 1/3/14, AGF Management Ltd (TSX: AGF-B.TO) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 1/17/14. As a percentage of AGF.B's recent stock price of $13.27, this dividend works out to approximately 2.03%, so look for shares of AGF Management Ltd to trade 2.03% lower — all else being equal — when AGF.B shares open for trading on 1/3/14.
Below is a dividend history chart for AGF.B, showing historical dividends prior to the most recent $0.27 declared by AGF Management Ltd:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AGF.B is likely to continue, and whether the current estimated yield of 8.14% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AGF.B shares, versus its 200 day moving average:Looking at the chart above, AGF.B's low point in its 52 week range is $9.11 per share, with $14.78 as the 52 week high point — that compares with a last trade of $13.29.
In Thursday trading, AGF Management Ltd shares are currently trading flat on the day.