Ex-Div Reminder For Morneau Shepell

On 4/26/13, Morneau Shepell Inc (TSX: MSI.TO) will trade ex-dividend, for its monthly dividend of $0.065, payable on 5/15/13. As a percentage of MSI's recent stock price of $13.10, this dividend works out to approximately 0.50%.

Below is a dividend history chart for MSI, showing historical dividends prior to the most recent $0.065 declared by Morneau Shepell Inc:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MSI is likely to continue, and whether the current estimated yield of 5.95% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MSI shares, versus its 200 day moving average:

Morneau Shepell Inc 200 Day Moving Average Chart

Looking at the chart above, MSI's low point in its 52 week range is $11.02 per share, with $13.99 as the 52 week high point — that compares with a last trade of $13.10.

In Thursday trading, Morneau Shepell Inc shares are currently trading flat on the day.