Cash Dividend On The Way From Inter Pipeline

On 2/20/14, Inter Pipeline Ltd. (TSX: IPL.TO) will trade ex-dividend, for its monthly dividend of $0.1075, payable on 3/14/14. As a percentage of IPL's recent stock price of $28.92, this dividend works out to approximately 0.37%.

Below is a dividend history chart for IPL, showing historical dividends prior to the most recent $0.1075 declared by Inter Pipeline Ltd.:

IPL+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 IPL is likely to continue, and whether the current estimated yield of 4.46% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IPL shares, versus its 200 day moving average:

Inter Pipeline Ltd. 200 Day Moving Average Chart

Looking at the chart above, IPL's low point in its 52 week range is $18.80 per share, with $29.05 as the 52 week high point — that compares with a last trade of $28.85.

In Tuesday trading, Inter Pipeline Ltd. shares are currently up about 0.4% on the day.

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