Cash Dividend On The Way From Cascades (CAS)

On 8/27/14, Cascades, Inc. (TSX: CAS.TO) will trade ex-dividend, for its quarterly dividend of $0.04, payable on 9/11/14. As a percentage of CAS's recent stock price of $6.44, this dividend works out to approximately 0.62%, so look for shares of Cascades, Inc. to trade 0.62% lower — all else being equal — when CAS shares open for trading on 8/27/14.

Below is a dividend history chart for CAS, showing historical dividends prior to the most recent $0.04 declared by Cascades, Inc.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CAS is likely to continue, and whether the current estimated yield of 2.48% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CAS shares, versus its 200 day moving average:

Cascades, Inc. 200 Day Moving Average Chart

Looking at the chart above, CAS's low point in its 52 week range is $5.08 per share, with $7.60 as the 52 week high point — that compares with a last trade of $6.45.

In Monday trading, Cascades, Inc. shares are currently up about 0.3% on the day.

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark