Cash Dividend On The Way From Prism Medical

On 2/19/14, Prism Medical Limited (TSXV: PM.TO) will trade ex-dividend, for its quarterly dividend of $0.08, payable on 3/3/14. As a percentage of PM's recent stock price of $5.55, this dividend works out to approximately 1.44%, so look for shares of Prism Medical Limited to trade 1.44% lower — all else being equal — when PM shares open for trading on 2/19/14.

Below is a dividend history chart for PM, showing historical dividends prior to the most recent $0.08 declared by Prism Medical Limited:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PM is likely to continue, and whether the current estimated yield of 5.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PM shares, versus its 200 day moving average:

Prism Medical Limited 200 Day Moving Average Chart

Looking at the chart above, PM's low point in its 52 week range is $4.50 per share, with $5.89 as the 52 week high point — that compares with a last trade of $5.55.

In Tuesday trading, Prism Medical Limited shares are currently trading flat on the day.

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark