Cash Dividend On The Way From Calian Technologies (CTY)

On 2/14/14, Calian Technologies Ltd (TSX: CTY.TO) will trade ex-dividend, for its quarterly dividend of $0.28, payable on 3/5/14. As a percentage of CTY's recent stock price of $19.96, this dividend works out to approximately 1.40%, so look for shares of Calian Technologies Ltd to trade 1.40% lower — all else being equal — when CTY shares open for trading on 2/14/14.

Below is a dividend history chart for CTY, showing historical dividends prior to the most recent $0.28 declared by Calian Technologies Ltd:

CTY+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 CTY is likely to continue, and whether the current estimated yield of 5.61% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CTY shares, versus its 200 day moving average:

Calian Technologies Ltd 200 Day Moving Average Chart

Looking at the chart above, CTY's low point in its 52 week range is $17.95 per share, with $22.60 as the 52 week high point — that compares with a last trade of $19.96.

In Wednesday trading, Calian Technologies Ltd shares are currently trading flat on the day.

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