Cash Dividend On The Way From Accord Financial (ACD)

On 8/13/14, Accord Financial Corp. (TSX: ACD.TO) will trade ex-dividend, for its quarterly dividend of $0.085, payable on 9/2/14. As a percentage of ACD's recent stock price of $9.60, this dividend works out to approximately 0.89%, so look for shares of Accord Financial Corp. to trade 0.89% lower — all else being equal — when ACD shares open for trading on 8/13/14.

Below is a dividend history chart for ACD, showing historical dividends prior to the most recent $0.085 declared by Accord Financial Corp.:

ACD+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 ACD is likely to continue, and whether the current estimated yield of 3.54% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ACD shares, versus its 200 day moving average:

Accord Financial Corp. 200 Day Moving Average Chart

Looking at the chart above, ACD's low point in its 52 week range is $7.65 per share, with $10.75 as the 52 week high point — that compares with a last trade of $9.60.

In Monday trading, Accord Financial Corp. shares are currently trading flat on the day.

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