PDS Ex-Dividend Reminder - 2/25/14

Looking at the universe of stocks we cover at Dividend Channel, on 2/25/14, Precision Drilling Corp. ( PDS) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 3/14/14. As a percentage of PDS's recent stock price of $10.78, this dividend works out to approximately 0.56%, so look for shares of Precision Drilling Corp. to trade 0.56% lower — all else being equal — when PDS shares open for trading on 2/25/14.

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Below is a dividend history chart for PDS, showing historical dividends prior to the most recent $0.06 declared by Precision Drilling Corp.:

PDS+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 PDS is likely to continue, and whether the current estimated yield of 2.23% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PDS shares, versus its 200 day moving average:

Precision Drilling Corp. 200 Day Moving Average Chart

Looking at the chart above, PDS's low point in its 52 week range is $7.29 per share, with $11.21 as the 52 week high point — that compares with a last trade of $10.75.

In Friday trading, Precision Drilling Corp. shares are currently up about 0.4% on the day.

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