Ex-Div Reminder For Olympia Financial Group (OLY)

On 10/17/13, Olympia Financial Group Inc (TSX: OLY.TO) will trade ex-dividend, for its quarterly dividend of $0.70, payable on 10/31/13. As a percentage of OLY's recent stock price of $46.40, this dividend works out to approximately 1.51%, so look for shares of Olympia Financial Group Inc to trade 1.51% lower — all else being equal — when OLY shares open for trading on 10/17/13.

Below is a dividend history chart for OLY, showing historical dividends prior to the most recent $0.70 declared by Olympia Financial Group Inc:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OLY is likely to continue, and whether the current estimated yield of 6.03% on annualized basis is a reasonable expectation of annual yield going forward.
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In Tuesday trading, Olympia Financial Group Inc shares are currently trading flat on the day.