Goldcorp About To Put More Money In Your Pocket (G)

On 10/15/13, Goldcorp Inc (TSX: G.TO) will trade ex-dividend, for its monthly dividend of $0.05, payable on 10/25/13. As a percentage of G's recent stock price of $24.65, this dividend works out to approximately 0.20%.

Below is a dividend history chart for G, showing historical dividends prior to the most recent $0.05 declared by Goldcorp Inc:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from G is likely to continue, and whether the current estimated yield of 2.43% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of G shares, versus its 200 day moving average:

Goldcorp Inc 200 Day Moving Average Chart

Looking at the chart above, G's low point in its 52 week range is $23.26 per share, with $45.64 as the 52 week high point — that compares with a last trade of $24.73.
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According to the ETF Finder at ETF Channel, G makes up 1.66% of the SPDR S&P International Materials Sector ETF ( IRV) which is trading relatively unchanged on the day Friday.

In Friday trading, Goldcorp Inc shares are currently off about 2.4% on the day.

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