ATP Ex-Dividend Reminder - 10/29/13

On 10/29/13, Atlantic Power Corporation (TSX: ATP.TO) will trade ex-dividend, for its monthly dividend of $0.0333, payable on 11/29/13. As a percentage of ATP's recent stock price of $5.30, this dividend works out to approximately 0.63%, so look for shares of Atlantic Power Corporation to trade 0.63% lower — all else being equal — when ATP shares open for trading on 10/29/13.

Below is a dividend history chart for ATP, showing historical dividends prior to the most recent $0.0333 declared by Atlantic Power Corporation:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ATP is likely to continue, and whether the current estimated yield of 7.55% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ATP shares, versus its 200 day moving average:

Atlantic Power Corporation 200 Day Moving Average Chart

Looking at the chart above, ATP's low point in its 52 week range is $4.01 per share, with $15.12 as the 52 week high point — that compares with a last trade of $5.30.

In Friday trading, Atlantic Power Corporation shares are currently down about 0.4% on the day.