AKT-A Ex-Dividend Reminder - 9/15/14

On 9/15/14, Akita Drilling Ltd. (TSX: AKT-A.TO) will trade ex-dividend, for its quarterly dividend of $0.085, payable on 10/1/14. As a percentage of AKT.A's recent stock price of $15.73, this dividend works out to approximately 0.54%, so look for shares of Akita Drilling Ltd. to trade 0.54% lower — all else being equal — when AKT.A shares open for trading on 9/15/14.

Below is a dividend history chart for AKT.A, showing historical dividends prior to the most recent $0.085 declared by Akita Drilling Ltd.:

AKT.A+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 AKT.A is likely to continue, and whether the current estimated yield of 2.16% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AKT.A shares:

Akita Drilling Ltd. 200 Day Moving Average Chart

Looking at the chart above, AKT.A's low point in its 52 week range is $13.68 per share, with $17.86 as the 52 week high point — that compares with a last trade of $15.73.

In Thursday trading, Akita Drilling Ltd. shares are currently trading flat on the day.

More from Stocks

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Why The FANG Stocks' Dominance May Not Be So Bad For The Market

Why The FANG Stocks' Dominance May Not Be So Bad For The Market

At End of May, Investors Signalling They May Stay Away

At End of May, Investors Signalling They May Stay Away

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever