Cash Dividend On The Way From Sylogist (SYZ)

On 2/26/14, Sylogist Ltd (TSXV: SYZ.TO) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 3/12/14. As a percentage of SYZ's recent stock price of $9.07, this dividend works out to approximately 0.55%, so look for shares of Sylogist Ltd to trade 0.55% lower — all else being equal — when SYZ shares open for trading on 2/26/14.

Below is a dividend history chart for SYZ, showing historical dividends prior to the most recent $0.05 declared by Sylogist Ltd:

SYZ+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 SYZ is likely to continue, and whether the current estimated yield of 2.21% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SYZ shares, versus its 200 day moving average:

Sylogist Ltd 200 Day Moving Average Chart

Looking at the chart above, SYZ's low point in its 52 week range is $4.10 per share, with $9.45 as the 52 week high point — that compares with a last trade of $9.07.

In Monday trading, Sylogist Ltd shares are currently trading flat 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