Reminder - WesternOne (WEQ) Goes Ex-Dividend Soon

On 10/29/13, WesternOne Inc (TSX: WEQ.TO) will trade ex-dividend, for its monthly dividend of $0.05, payable on 11/15/13. As a percentage of WEQ's recent stock price of $8.15, this dividend works out to approximately 0.61%, so look for shares of WesternOne Inc to trade 0.61% lower — all else being equal — when WEQ shares open for trading on 10/29/13.

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


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from WEQ is likely to continue, and whether the current estimated yield of 7.36% on annualized basis is a reasonable expectation of annual yield going forward.

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

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