Boralex About To Put More Money In Your Pocket (BLX)

On 8/27/14, Boralex, Inc. (TSX: BLX.TO) will trade ex-dividend, for its quarterly dividend of $0.13, payable on 9/16/14. As a percentage of BLX's recent stock price of $13.91, this dividend works out to approximately 0.93%, so look for shares of Boralex, Inc. to trade 0.93% lower — all else being equal — when BLX shares open for trading on 8/27/14.

Below is a dividend history chart for BLX, showing historical dividends prior to the most recent $0.13 declared by Boralex, Inc.:

BLX+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 BLX is likely to continue, and whether the current estimated yield of 3.74% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BLX shares, versus its 200 day moving average:

Boralex, Inc. 200 Day Moving Average Chart

Looking at the chart above, BLX's low point in its 52 week range is $10.00 per share, with $14.09 as the 52 week high point — that compares with a last trade of $13.91.

In Monday trading, Boralex, Inc. shares are currently up about 0.1% on the day.

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