CIX Ex-Dividend Reminder - 10/29/13

On 10/29/13, CI Financial Corporation (TSX: CIX.TO) will trade ex-dividend, for its monthly dividend of $0.09, payable on 11/15/13. As a percentage of CIX's recent stock price of $33.35, this dividend works out to approximately 0.27%.

Below is a dividend history chart for CIX, showing historical dividends prior to the most recent $0.09 declared by CI Financial Corporation:

CIX+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 CIX is likely to continue, and whether the current estimated yield of 3.24% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CIX shares, versus its 200 day moving average:

CI Financial Corporation 200 Day Moving Average Chart

Looking at the chart above, CIX's low point in its 52 week range is $22.60 per share, with $33.92 as the 52 week high point — that compares with a last trade of $33.33.

In Friday trading, CI Financial Corporation shares are currently trading flat on the day.
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