Reminder - Pason Systems (PSI) Goes Ex-Dividend Soon

On 9/12/14, Pason Systems, Inc (TSX: PSI.TO) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 10/1/14. As a percentage of PSI's recent stock price of $34.00, this dividend works out to approximately 0.50%.

Below is a dividend history chart for PSI, showing historical dividends prior to the most recent $0.17 declared by Pason Systems, Inc:

PSI+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 PSI is likely to continue, and whether the current estimated yield of 2.00% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PSI shares, versus its 200 day moving average:

Pason Systems, Inc 200 Day Moving Average Chart

Looking at the chart above, PSI's low point in its 52 week range is $21.22 per share, with $35.51 as the 52 week high point — that compares with a last trade of $33.80.

In Wednesday trading, Pason Systems, Inc shares are currently trading flat on the day.

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