NBD Ex-Dividend Reminder - 2/26/14

On 2/26/14, Norbord Inc (TSX: NBD.TO) will trade ex-dividend, for its quarterly dividend of $0.60, payable on 3/21/14. As a percentage of NBD's recent stock price of $32.24, this dividend works out to approximately 1.86%, so look for shares of Norbord Inc to trade 1.86% lower — all else being equal — when NBD shares open for trading on 2/26/14.

Below is a dividend history chart for NBD, showing historical dividends prior to the most recent $0.60 declared by Norbord Inc:

NBD+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 NBD is likely to continue, and whether the current estimated yield of 7.44% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NBD shares, versus its 200 day moving average:

Norbord Inc 200 Day Moving Average Chart

Looking at the chart above, NBD's low point in its 52 week range is $25.10 per share, with $37.93 as the 52 week high point — that compares with a last trade of $32.26.

In Monday trading, Norbord Inc shares are currently up about 0.3% on the day.

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark