Ex-Div Reminder for Newfoundland Capital (NCC-A)

On 9/17/14, Newfoundland Capital Corp. Ltd (TSX: NCC-A.TO) will trade ex-dividend, for its semi-annual dividend of $0.06, payable on 10/3/14. As a percentage of NCC.A's recent stock price of $8.75, this dividend works out to approximately 0.69%, so look for shares of Newfoundland Capital Corp. Ltd to trade 0.69% lower — all else being equal — when NCC.A shares open for trading on 9/17/14.

Below is a dividend history chart for NCC.A, showing historical dividends prior to the most recent $0.06 declared by Newfoundland Capital Corp. Ltd:

NCC.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 NCC.A is likely to continue, and whether the current estimated yield of 1.37% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Newfoundland Capital Corp. Ltd shares are currently trading flat on the day.

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