Reminder - TransGlobe Energy (TGA) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 6/12/14, TransGlobe Energy Corp. ( TGA) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 6/30/14. As a percentage of TGA's recent stock price of $7.23, this dividend works out to approximately 0.69%, so look for shares of TransGlobe Energy Corp. to trade 0.69% lower — all else being equal — when TGA shares open for trading on 6/12/14.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for TGA, showing historical dividends prior to the most recent $0.05 declared by TransGlobe Energy Corp.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TGA is likely to continue, and whether the current estimated yield of 2.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TGA shares, versus its 200 day moving average:

TransGlobe Energy Corp. 200 Day Moving Average Chart

Looking at the chart above, TGA's low point in its 52 week range is $5.52 per share, with $9.66 as the 52 week high point — that compares with a last trade of $7.23.

In Tuesday trading, TransGlobe Energy Corp. shares are currently up about 0.4% on the day.

If you liked this article you might like

What To Sell: 3 Sell-Rated Dividend Stocks WPT, ENLC, TGA

3 Sell-Rated Dividend Stocks: VET, TGA, CELP

3 Sell-Rated Dividend Stocks: HHS, EARN, TGA

What To Sell: 3 Sell-Rated Dividend Stocks SPKE, FULL, TGA

What To Sell: 3 Sell-Rated Dividend Stocks SPKE, AMID, TGA