Cash Dividend On The Way From Centerra Gold (CG)

On 3/4/14, Centerra Gold Inc (TSX: CG.TO) will trade ex-dividend, for its quarterly dividend of $0.04, payable on 3/20/14. As a percentage of CG's recent stock price of $4.97, this dividend works out to approximately 0.80%, so look for shares of Centerra Gold Inc to trade 0.80% lower — all else being equal — when CG shares open for trading on 3/4/14.

Below is a dividend history chart for CG, showing historical dividends prior to the most recent $0.04 declared by Centerra Gold Inc:

CG+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 CG is likely to continue, and whether the current estimated yield of 3.22% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CG shares, versus its 200 day moving average:

Centerra Gold Inc 200 Day Moving Average Chart

Looking at the chart above, CG's low point in its 52 week range is $2.82 per share, with $7.20 as the 52 week high point — that compares with a last trade of $4.97.

According to the ETF Finder at ETF Channel, CG makes up 5.79% of the Central Asia & Mongolia Index ETF ( AZIA) which is trading relatively unchanged on the day Friday.

In Friday trading, Centerra Gold Inc shares are currently down about 0.2% on the day.

More from Stocks

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

What Will GM Do With Cruise -- and Is Its Stock Worth $55?

What Will GM Do With Cruise -- and Is Its Stock Worth $55?

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

This Should Be Your Retirement Savings Plan When the Stock Market Crashes

This Should Be Your Retirement Savings Plan When the Stock Market Crashes