VSN Ex-Dividend Reminder - 10/29/13

On 10/29/13, Veresen Inc (TSX: VSN.TO) will trade ex-dividend, for its monthly dividend of $0.0833, payable on 11/22/13. As a percentage of VSN's recent stock price of $12.72, this dividend works out to approximately 0.65%, so look for shares of Veresen Inc to trade 0.65% lower — all else being equal — when VSN shares open for trading on 10/29/13.

Below is a dividend history chart for VSN, showing historical dividends prior to the most recent $0.0833 declared by Veresen Inc:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from VSN is likely to continue, and whether the current estimated yield of 7.86% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of VSN shares, versus its 200 day moving average:

Veresen Inc 200 Day Moving Average Chart

Looking at the chart above, VSN's low point in its 52 week range is $11.22 per share, with $13.91 as the 52 week high point — that compares with a last trade of $12.73.

In Friday trading, Veresen Inc shares are currently up about 0.2% on the day.

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