AGF Management About To Put More Money In Your Pocket (AGF-B)

On 1/3/14, AGF Management Ltd (TSX: AGF-B.TO) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 1/17/14. As a percentage of AGF.B's recent stock price of $13.27, this dividend works out to approximately 2.03%, so look for shares of AGF Management Ltd to trade 2.03% lower — all else being equal — when AGF.B shares open for trading on 1/3/14.

Below is a dividend history chart for AGF.B, showing historical dividends prior to the most recent $0.27 declared by AGF Management Ltd:

AGF.B+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 AGF.B is likely to continue, and whether the current estimated yield of 8.14% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AGF.B shares, versus its 200 day moving average:

AGF Management Ltd 200 Day Moving Average Chart

Looking at the chart above, AGF.B's low point in its 52 week range is $9.11 per share, with $14.78 as the 52 week high point — that compares with a last trade of $13.29.

In Thursday trading, AGF Management Ltd shares are currently trading flat on the day.

More from Stocks

What to Expect From Nordstrom on Thursday

What to Expect From Nordstrom on Thursday

Stocks Hold Gains in Final Hour as Turkey Crisis Stabilizes

Stocks Hold Gains in Final Hour as Turkey Crisis Stabilizes

Tesla Takes Another High-Drama Step to Go Private, but Why?

Tesla Takes Another High-Drama Step to Go Private, but Why?

Tapestry CEO Talks Trade, Kate Spade Revival and Selena Gomez

Tapestry CEO Talks Trade, Kate Spade Revival and Selena Gomez

Jim Cramer on Tapestry: Accessories Are the Hottest Area of Retail

Jim Cramer on Tapestry: Accessories Are the Hottest Area of Retail