Silvercorp Metals (SVM) Shares Cross 3% Yield Mark

In trading on Wednesday, shares of Silvercorp Metals Inc (TSX: SVM.TO) were yielding above the 3% mark based on its quarterly dividend (annualized to $0.10), with the stock changing hands as low as $3.32 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Silvercorp Metals Inc, looking at the history chart for SVM below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3% annual yield.

START SLIDESHOW:
Click here to find out which 9 other Canadian dividend stocks just recently went ''on sale'' and crossed into new yield territory »

SVM+Dividend+History+Chart

The chart below shows the one year performance of SVM shares, versus its 200 day moving average:

Silvercorp Metals Inc 200 Day Moving Average Chart

Looking at the chart above, SVM's low point in its 52 week range is $2.48 per share, with $6.26 as the 52 week high point — that compares with a last trade of $3.41.

null

More from Stocks

Stocks Finish Higher After Release of Fed Minutes

Stocks Finish Higher After Release of Fed Minutes

Has Wall Street Completely Lost Its Mind on General Electric?

Has Wall Street Completely Lost Its Mind on General Electric?

Did Trump Just Torpedo the Stock Market Again?

Did Trump Just Torpedo the Stock Market Again?

10 Questions for PayPal Ahead of Its Big Investor Day

10 Questions for PayPal Ahead of Its Big Investor Day

Lowe's Taps Home Depot Veteran As New CEO

Lowe's Taps Home Depot Veteran As New CEO