Reminder - Colabor Group (GCL) Goes Ex-Dividend Soon

On 10/29/13, Colabor Group Inc (TSX: GCL.TO) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 11/15/13. As a percentage of GCL's recent stock price of $4.79, this dividend works out to approximately 1.25%, so look for shares of Colabor Group Inc to trade 1.25% lower — all else being equal — when GCL shares open for trading on 10/29/13.

Below is a dividend history chart for GCL, showing historical dividends prior to the most recent $0.06 declared by Colabor Group Inc:

GCL+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 GCL is likely to continue, and whether the current estimated yield of 5.01% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GCL shares, versus its 200 day moving average:

Colabor Group Inc 200 Day Moving Average Chart

Looking at the chart above, GCL's low point in its 52 week range is $3.03 per share, with $8.63 as the 52 week high point — that compares with a last trade of $4.79.

In Friday trading, Colabor Group Inc shares are currently trading flat on the day.

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