Cash Dividend On The Way From Holloway Lodging (HLC)

On 8/27/14, Holloway Lodging Corp (TSX: HLC.TO) will trade ex-dividend, for its quarterly dividend of $0.035, payable on 9/12/14. As a percentage of HLC's recent stock price of $4.95, this dividend works out to approximately 0.71%, so look for shares of Holloway Lodging Corp to trade 0.71% lower — all else being equal — when HLC shares open for trading on 8/27/14.

Below is a dividend history chart for HLC, showing historical dividends prior to the most recent $0.035 declared by Holloway Lodging Corp:

HLC+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 HLC is likely to continue, and whether the current estimated yield of 2.83% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Holloway Lodging Corp shares are currently trading flat on the day.

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