Ex-Div Reminder for FP Newspapers (FP)

On 2/26/14, FP Newspapers Inc. (TSX: FP.TO) will trade ex-dividend, for its monthly dividend of $0.05, payable on 3/31/14. As a percentage of FP's recent stock price of $5.55, this dividend works out to approximately 0.90%, so look for shares of FP Newspapers Inc. to trade 0.90% lower — all else being equal — when FP shares open for trading on 2/26/14.

Below is a dividend history chart for FP, showing historical dividends prior to the most recent $0.05 declared by FP Newspapers Inc.:

FP+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 FP is likely to continue, and whether the current estimated yield of 10.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FP shares, versus its 200 day moving average:

FP Newspapers Inc. 200 Day Moving Average Chart

Looking at the chart above, FP's low point in its 52 week range is $4.30 per share, with $5.95 as the 52 week high point — that compares with a last trade of $5.55.

In Monday trading, FP Newspapers Inc. shares are currently trading flat on the day.

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