Cash Dividend On The Way From Industrial Alliance Insurance & Financial Services (IAG)

On 8/20/14, Industrial Alliance Insurance & Financial Services Inc (TSX: IAG.TO) will trade ex-dividend, for its quarterly dividend of $0.26, payable on 9/15/14. As a percentage of IAG's recent stock price of $47.59, this dividend works out to approximately 0.55%, so look for shares of Industrial Alliance Insurance & Financial Services Inc to trade 0.55% lower — all else being equal — when IAG shares open for trading on 8/20/14.

Below is a dividend history chart for IAG, showing historical dividends prior to the most recent $0.26 declared by Industrial Alliance Insurance & Financial Services Inc:

IAG+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 IAG is likely to continue, and whether the current estimated yield of 2.19% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IAG shares, versus its 200 day moving average:

Industrial Alliance Insurance & Financial Services Inc 200 Day Moving Average Chart

Looking at the chart above, IAG's low point in its 52 week range is $40.64 per share, with $49.99 as the 52 week high point — that compares with a last trade of $47.59.

In Monday trading, Industrial Alliance Insurance & Financial Services Inc shares are currently trading flat on the day.

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