Cash Dividend On The Way From EnCana

Looking at the universe of stocks we cover at Dividend Channel, on 9/11/14, EnCana Corp ( ECA) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 9/30/14. As a percentage of ECA's recent stock price of $22.90, this dividend works out to approximately 0.31%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for ECA, showing historical dividends prior to the most recent $0.07 declared by EnCana Corp:

ECA+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 ECA is likely to continue, and whether the current estimated yield of 1.22% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ECA shares, versus its 200 day moving average:

EnCana Corp 200 Day Moving Average Chart

Looking at the chart above, ECA's low point in its 52 week range is $16.97 per share, with $24.83 as the 52 week high point — that compares with a last trade of $22.99.

According to the ETF Finder at ETF Channel, ECA makes up 3.98% of the First Trust ISE-Revere Natural Gas Index Fund ETF ( FCG) which is trading higher by about 0.7% on the day Tuesday.

In Tuesday trading, EnCana Corp shares are currently up about 1.8% on the day.

If you liked this article you might like

These 10 Stocks Are Helping Drive the Market Rally Monday

These 10 Stocks Are Helping Drive the Market Rally Monday

Charts Are Positive for Encana

Charts Are Positive for Encana

Finding Bullish and Bearish Market Reversals

Finding Bullish and Bearish Market Reversals

Parsley Energy Picks Up Permian Assets From Apache, Others: Source

Parsley Energy Picks Up Permian Assets From Apache, Others: Source

'Mad Money' Lightning Round: Vodafone, Encana, Arconic, AdvanSix

'Mad Money' Lightning Round: Vodafone, Encana, Arconic, AdvanSix