Reminder - Arsenal Energy (AEI) Goes Ex-Dividend Soon

On 8/14/14, Arsenal Energy Inc (TSX: AEI.TO) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 8/29/14. As a percentage of AEI's recent stock price of $8.84, this dividend works out to approximately 0.79%, so look for shares of Arsenal Energy Inc to trade 0.79% lower — all else being equal — when AEI shares open for trading on 8/14/14.

Below is a dividend history chart for AEI, showing historical dividends prior to the most recent $0.07 declared by Arsenal Energy Inc:

AEI+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 AEI is likely to continue, and whether the current estimated yield of 3.17% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AEI shares, versus its 200 day moving average:

Arsenal Energy Inc 200 Day Moving Average Chart

Looking at the chart above, AEI's low point in its 52 week range is $4.35 per share, with $8.89 as the 52 week high point — that compares with a last trade of $8.80.

In Tuesday trading, Arsenal Energy Inc shares are currently up about 0.5% 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