Reminder - Aecon Group (ARE) Goes Ex-Dividend Soon

On 9/17/14, Aecon Group Inc. (TSX: ARE.TO) will trade ex-dividend, for its quarterly dividend of $0.09, payable on 10/1/14. As a percentage of ARE's recent stock price of $15.50, this dividend works out to approximately 0.58%, so look for shares of Aecon Group Inc. to trade 0.58% lower — all else being equal — when ARE shares open for trading on 9/17/14.

Below is a dividend history chart for ARE, showing historical dividends prior to the most recent $0.09 declared by Aecon Group Inc.:

ARE+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 ARE is likely to continue, and whether the current estimated yield of 2.32% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ARE shares, versus its 200 day moving average:

Aecon Group Inc. 200 Day Moving Average Chart

Looking at the chart above, ARE's low point in its 52 week range is $13.23 per share, with $18.75 as the 52 week high point — that compares with a last trade of $15.61.

In Monday trading, Aecon Group Inc. shares are currently down about 0.5% on the day.

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