Ex-Div Reminder For Dividend 15 Split Corporation (DFN)

On 8/27/14, Dividend 15 Split Corporation (TSX: DFN.TO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 9/10/14. As a percentage of DFN's recent stock price of $12.07, this dividend works out to approximately 0.83%, so look for shares of Dividend 15 Split Corporation to trade 0.83% lower — all else being equal — when DFN shares open for trading on 8/27/14.

Below is a dividend history chart for DFN, showing historical dividends prior to the most recent $0.10 declared by Dividend 15 Split Corporation:

DFN+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 DFN is likely to continue, and whether the current estimated yield of 9.94% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DFN shares, versus its 200 day moving average:

Dividend 15 Split Corporation 200 Day Moving Average Chart

Looking at the chart above, DFN's low point in its 52 week range is $10.35 per share, with $12.65 as the 52 week high point — that compares with a last trade of $12.07.

In Monday trading, Dividend 15 Split Corporation shares are currently down about 0.7% on the day.

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