Cash Dividend On The Way From Rocky Mountain Dealerships (RME)

On 8/27/14, Rocky Mountain Dealerships Inc (TSX: RME.TO) will trade ex-dividend, for its quarterly dividend of $0.115, payable on 9/30/14. As a percentage of RME's recent stock price of $11.50, this dividend works out to approximately 1.00%, so look for shares of Rocky Mountain Dealerships Inc to trade 1.00% lower — all else being equal — when RME shares open for trading on 8/27/14.

Below is a dividend history chart for RME, showing historical dividends prior to the most recent $0.115 declared by Rocky Mountain Dealerships Inc:

RME+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 RME is likely to continue, and whether the current estimated yield of 4.00% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RME shares, versus its 200 day moving average:

Rocky Mountain Dealerships Inc 200 Day Moving Average Chart

Looking at the chart above, RME's low point in its 52 week range is $10.37 per share, with $13.63 as the 52 week high point — that compares with a last trade of $11.50.

In Monday trading, Rocky Mountain Dealerships Inc shares are currently up about 1.3% on the day.

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