Carfinco Financial Group About To Put More Money In Your Pocket (CFN)

On 9/17/14, Carfinco Financial Group Inc. (TSX: CFN.TO) will trade ex-dividend, for its monthly dividend of $0.04, payable on 9/30/14. As a percentage of CFN's recent stock price of $8.60, this dividend works out to approximately 0.47%.

Below is a dividend history chart for CFN, showing historical dividends prior to the most recent $0.04 declared by Carfinco Financial Group Inc.:

CFN+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 CFN is likely to continue, and whether the current estimated yield of 5.58% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CFN shares, versus its 200 day moving average:

Carfinco Financial Group Inc. 200 Day Moving Average Chart

Looking at the chart above, CFN's low point in its 52 week range is $7.40 per share, with $12.97 as the 52 week high point — that compares with a last trade of $8.60.

In Monday trading, Carfinco Financial Group Inc. shares are currently up about 0.6% on the day.

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