Reminder - Cineplex (CGX) Goes Ex-Dividend Soon

On 2/26/14, Cineplex Inc. (TSX: CGX.TO) will trade ex-dividend, for its monthly dividend of $0.12, payable on 3/31/14. As a percentage of CGX's recent stock price of $40.15, this dividend works out to approximately 0.30%.

Below is a dividend history chart for CGX, showing historical dividends prior to the most recent $0.12 declared by Cineplex Inc.:

CGX+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 CGX is likely to continue, and whether the current estimated yield of 3.59% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CGX shares, versus its 200 day moving average:

Cineplex Inc. 200 Day Moving Average Chart

Looking at the chart above, CGX's low point in its 52 week range is $32.79 per share, with $44.85 as the 52 week high point — that compares with a last trade of $40.15.

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

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