Cash Dividend On The Way From Temple Hotels (TPH)

On 2/26/14, Temple Hotels Inc (TSX: TPH.TO) will trade ex-dividend, for its monthly dividend of $0.045, payable on 3/15/14. As a percentage of TPH's recent stock price of $5.72, this dividend works out to approximately 0.79%, so look for shares of Temple Hotels Inc to trade 0.79% lower — all else being equal — when TPH shares open for trading on 2/26/14.

Below is a dividend history chart for TPH, showing historical dividends prior to the most recent $0.045 declared by Temple Hotels Inc:

TPH+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 TPH is likely to continue, and whether the current estimated yield of 9.44% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TPH shares, versus its 200 day moving average:

Temple Hotels Inc 200 Day Moving Average Chart

Looking at the chart above, TPH's low point in its 52 week range is $5.05 per share, with $6.25 as the 52 week high point — that compares with a last trade of $5.72.

In Monday trading, Temple Hotels Inc shares are currently up about 0.2% on the day.

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