Contrans Group About To Put More Money In Your Pocket (CSS)

On 10/29/13, Contrans Group Inc. (TSX: CSS.TO) will trade ex-dividend, for its quarterly dividend of $0.125, payable on 11/15/13. As a percentage of CSS's recent stock price of $12.46, this dividend works out to approximately 1.00%, so look for shares of Contrans Group Inc. to trade 1.00% lower — all else being equal — when CSS shares open for trading on 10/29/13.

Below is a dividend history chart for CSS, showing historical dividends prior to the most recent $0.125 declared by Contrans Group Inc.:

CSS+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 CSS is likely to continue, and whether the current estimated yield of 4.01% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CSS shares, versus its 200 day moving average:

Contrans Group Inc. 200 Day Moving Average Chart

Looking at the chart above, CSS's low point in its 52 week range is $8.22 per share, with $13.15 as the 52 week high point — that compares with a last trade of $12.46.

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

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark