Reminder - PHX Energy Services (PHX) Goes Ex-Dividend Soon

On 2/26/14, PHX Energy Services Corp (TSX: PHX.TO) will trade ex-dividend, for its monthly dividend of $0.07, payable on 3/14/14. As a percentage of PHX's recent stock price of $12.89, this dividend works out to approximately 0.54%, so look for shares of PHX Energy Services Corp to trade 0.54% lower — all else being equal — when PHX shares open for trading on 2/26/14.

Below is a dividend history chart for PHX, showing historical dividends prior to the most recent $0.07 declared by PHX Energy Services Corp:

PHX+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 PHX is likely to continue, and whether the current estimated yield of 6.52% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PHX shares, versus its 200 day moving average:

PHX Energy Services Corp 200 Day Moving Average Chart

Looking at the chart above, PHX's low point in its 52 week range is $8.50 per share, with $12.93 as the 52 week high point — that compares with a last trade of $12.89.

In Monday trading, PHX Energy Services Corp shares are currently trading flat on the day.

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