Ex-Div Reminder For FP Newspapers (FP)

On 10/29/13, FP Newspapers Inc. (TSX: FP.TO) will trade ex-dividend, for its monthly dividend of $0.05, payable on 11/29/13. As a percentage of FP's recent stock price of $5.83, this dividend works out to approximately 0.86%, so look for shares of FP Newspapers Inc. to trade 0.86% lower — all else being equal — when FP shares open for trading on 10/29/13.

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

FP+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 FP is likely to continue, and whether the current estimated yield of 10.29% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FP shares, versus its 200 day moving average:

FP Newspapers Inc. 200 Day Moving Average Chart

Looking at the chart above, FP's low point in its 52 week range is $3.90 per share, with $5.89 as the 52 week high point — that compares with a last trade of $5.83.

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

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