Cash Dividend On The Way From DirectCash Payments (DCI)

On 8/27/14, DirectCash Payments Inc (TSX: DCI.TO) will trade ex-dividend, for its monthly dividend of $0.12, payable on 9/30/14. As a percentage of DCI's recent stock price of $16.35, this dividend works out to approximately 0.73%, so look for shares of DirectCash Payments Inc to trade 0.73% lower — all else being equal — when DCI shares open for trading on 8/27/14.

Below is a dividend history chart for DCI, showing historical dividends prior to the most recent $0.12 declared by DirectCash Payments Inc:

DCI+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 DCI is likely to continue, and whether the current estimated yield of 8.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DCI shares, versus its 200 day moving average:

DirectCash Payments Inc 200 Day Moving Average Chart

Looking at the chart above, DCI's low point in its 52 week range is $12.39 per share, with $21.30 as the 52 week high point — that compares with a last trade of $16.62.

In Monday trading, DirectCash Payments Inc shares are currently trading flat on the day.

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