PDV Ex-Dividend Reminder - 8/27/14

On 8/27/14, Prime Dividend Corp. (TSX: PDV.TO) will trade ex-dividend, for its monthly dividend of $0.0688, payable on 9/10/14. As a percentage of PDV's recent stock price of $8.50, this dividend works out to approximately 0.81%, so look for shares of Prime Dividend Corp. to trade 0.81% lower — all else being equal — when PDV shares open for trading on 8/27/14.

Below is a dividend history chart for PDV, showing historical dividends prior to the most recent $0.0688 declared by Prime Dividend Corp.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PDV is likely to continue, and whether the current estimated yield of 9.72% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PDV shares, versus its 200 day moving average:

Prime Dividend Corp. 200 Day Moving Average Chart

Looking at the chart above, PDV's low point in its 52 week range is $6.32 per share, with $8.50 as the 52 week high point — that compares with a last trade of $8.50.

In Monday trading, Prime Dividend Corp. shares are currently trading flat on the day.

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