Ex-Div Reminder for McGraw-Hill Ryerson (MHR)

On 2/18/14, McGraw-Hill Ryerson Ltd. (TSX: MHR.TO) will trade ex-dividend, for its quarterly dividend of $0.315, payable on 3/13/14. As a percentage of MHR's recent stock price of $44.50, this dividend works out to approximately 0.71%, so look for shares of McGraw-Hill Ryerson Ltd. to trade 0.71% lower — all else being equal — when MHR shares open for trading on 2/18/14.

Below is a dividend history chart for MHR, showing historical dividends prior to the most recent $0.315 declared by McGraw-Hill Ryerson Ltd.:

MHR+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 MHR is likely to continue, and whether the current estimated yield of 2.83% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MHR shares, versus its 200 day moving average:

McGraw-Hill Ryerson Ltd. 200 Day Moving Average Chart

Looking at the chart above, MHR's low point in its 52 week range is $35.50 per share, with $45.00 as the 52 week high point — that compares with a last trade of $44.50.

In Friday trading, McGraw-Hill Ryerson Ltd. shares are currently trading flat on the day.

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