WaterFurnace Renewable Energy Inc About To Put More Money In Your Pocket (WFI)

On 2/18/14, WaterFurnace Renewable Energy Inc (TSX: WFI.TO) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 3/3/14. As a percentage of WFI's recent stock price of $22.22, this dividend works out to approximately 1.13%, so look for shares of WaterFurnace Renewable Energy Inc to trade 1.13% lower — all else being equal — when WFI shares open for trading on 2/18/14.

Below is a dividend history chart for WFI, showing historical dividends prior to the most recent $0.25 declared by WaterFurnace Renewable Energy Inc:

WFI+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 WFI is likely to continue, and whether the current estimated yield of 4.50% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of WFI shares, versus its 200 day moving average:

WaterFurnace Renewable Energy Inc 200 Day Moving Average Chart

Looking at the chart above, WFI's low point in its 52 week range is $15.50 per share, with $26.45 as the 52 week high point — that compares with a last trade of $22.22.

In Friday trading, WaterFurnace Renewable Energy Inc shares are currently trading flat on the day.

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