Ex-Div Reminder For Central Fund Of Canada (CEF-A)

On 10/29/13, Central Fund of Canada (TSX: CEF-A.TO) will trade ex-dividend, for its annual dividend of $0.0100, payable on 11/14/13. As a percentage of CEF.A's recent stock price of $15.77, this dividend works out to approximately 0.06%.

Below is a dividend history chart for CEF.A, showing historical dividends prior to the most recent $0.0100 declared by Central Fund of Canada:

CEF.A+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 CEF.A is likely to continue, and whether the current estimated yield of 0.06% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, Central Fund of Canada shares are currently off about 0.5% on the day.
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