AM Ex-Dividend Reminder - 8/19/14

On 8/19/14, Automodular Corp (TSX: AM.TO) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 9/4/14. As a percentage of AM's recent stock price of $2.28, this dividend works out to approximately 2.63%, so look for shares of Automodular Corp to trade 2.63% lower — all else being equal — when AM shares open for trading on 8/19/14.

Below is a dividend history chart for AM, showing historical dividends prior to the most recent $0.06 declared by Automodular Corp:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AM is likely to continue, and whether the current estimated yield of 10.53% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AM shares, versus its 200 day moving average:

Automodular Corp 200 Day Moving Average Chart

Looking at the chart above, AM's low point in its 52 week range is $1.84 per share, with $2.55 as the 52 week high point — that compares with a last trade of $2.28.

In Friday trading, Automodular Corp shares are currently trading flat on the day.

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