PRI Ex-Dividend Reminder - 8/13/14

On 8/13/14, Primary Energy Recycling Corp (TSX: PRI.TO) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 8/29/14. As a percentage of PRI's recent stock price of $5.55, this dividend works out to approximately 1.26%, so look for shares of Primary Energy Recycling Corp to trade 1.26% lower — all else being equal — when PRI shares open for trading on 8/13/14.

Below is a dividend history chart for PRI, showing historical dividends prior to the most recent $0.07 declared by Primary Energy Recycling Corp:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PRI is likely to continue, and whether the current estimated yield of 5.05% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PRI shares, versus its 200 day moving average:

Primary Energy Recycling Corp 200 Day Moving Average Chart

Looking at the chart above, PRI's low point in its 52 week range is $4.55 per share, with $6.00 as the 52 week high point — that compares with a last trade of $5.55.

In Monday trading, Primary Energy Recycling Corp 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