Ex-Div Reminder For Canyon Services Group (FRC)

On 10/9/13, Canyon Services Group Inc (TSX: FRC.TO) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 10/25/13. As a percentage of FRC's recent stock price of $12.12, this dividend works out to approximately 1.24%, so look for shares of Canyon Services Group Inc to trade 1.24% lower — all else being equal — when FRC shares open for trading on 10/9/13.

Below is a dividend history chart for FRC, showing historical dividends prior to the most recent $0.15 declared by Canyon Services Group Inc:

FRC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FRC is likely to continue, and whether the current estimated yield of 4.95% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FRC shares, versus its 200 day moving average:

Canyon Services Group Inc 200 Day Moving Average Chart

Looking at the chart above, FRC's low point in its 52 week range is $9.33 per share, with $12.96 as the 52 week high point — that compares with a last trade of $12.12.

In Monday trading, Canyon Services Group Inc shares are currently down about 1.3% on the day.

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