Reminder - RONA (RON) Goes Ex-Dividend Soon

On 9/8/14, RONA, Inc. (TSX: RON.TO) will trade ex-dividend, for its semi-annual dividend of $0.07, payable on 9/25/14. As a percentage of RON's recent stock price of $14.47, this dividend works out to approximately 0.48%.

Below is a dividend history chart for RON, showing historical dividends prior to the most recent $0.07 declared by RONA, Inc.:

RON+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 RON is likely to continue, and whether the current estimated yield of 0.97% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RON shares, versus its 200 day moving average:

RONA, Inc. 200 Day Moving Average Chart

Looking at the chart above, RON's low point in its 52 week range is $10.65 per share, with $14.75 as the 52 week high point — that compares with a last trade of $14.47.

In Thursday trading, RONA, Inc. shares are currently off about 0.1% on the day.

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