Ex-Div Reminder For Dividend 15 Split Corporation (DFN)

On 10/29/13, Dividend 15 Split Corporation (TSX: DFN.TO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 11/8/13. As a percentage of DFN's recent stock price of $11.18, this dividend works out to approximately 0.89%, so look for shares of Dividend 15 Split Corporation to trade 0.89% lower — all else being equal — when DFN shares open for trading on 10/29/13.

Below is a dividend history chart for DFN, showing historical dividends prior to the most recent $0.10 declared by Dividend 15 Split Corporation:

DFN+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 DFN is likely to continue, and whether the current estimated yield of 10.73% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DFN shares, versus its 200 day moving average:

Dividend 15 Split Corporation 200 Day Moving Average Chart

Looking at the chart above, DFN's low point in its 52 week range is $9.42 per share, with $11.70 as the 52 week high point — that compares with a last trade of $11.23.

In Friday trading, Dividend 15 Split Corporation shares are currently trading flat on the day.
null

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark