Reminder - Centerra Gold (CG) Goes Ex-Dividend Soon

On 8/12/14, Centerra Gold Inc (TSX: CG.TO) will trade ex-dividend, for its quarterly dividend of $0.04, payable on 8/28/14. As a percentage of CG's recent stock price of $5.94, this dividend works out to approximately 0.67%, so look for shares of Centerra Gold Inc to trade 0.67% lower — all else being equal — when CG shares open for trading on 8/12/14.

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 2.69% 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 $5.97.

According to the ETF Finder at ETF Channel, CG makes up 6.66% of the Pure Gold Miners ETF ( GGGG) which is trading relatively unchanged on the day Friday.

In Friday trading, Centerra Gold Inc shares are currently off about 1% on the day.

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