CIX Ex-Dividend Reminder - 2/26/14

On 2/26/14, CI Financial Corporation (TSX: CIX.TO) will trade ex-dividend, for its monthly dividend of $0.095, payable on 3/14/14. As a percentage of CIX's recent stock price of $33.96, this dividend works out to approximately 0.28%.

Below is a dividend history chart for CIX, showing historical dividends prior to the most recent $0.095 declared by CI Financial Corporation:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CIX is likely to continue, and whether the current estimated yield of 3.36% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CIX shares, versus its 200 day moving average:

CI Financial Corporation 200 Day Moving Average Chart

Looking at the chart above, CIX's low point in its 52 week range is $26.52 per share, with $36.14 as the 52 week high point — that compares with a last trade of $33.99.

In Monday trading, CI Financial Corporation shares are currently trading flat on the day.

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