Reminder - First Asset Morningstar US Value (XXM) Goes Ex-Dividend Soon

On 9/25/14, First Asset Morningstar US Value (TSX: XXM.TO) will trade ex-dividend, for its quarterly dividend of $0.019, payable on 10/3/14. As a percentage of XXM's recent stock price of $12.14, this dividend works out to approximately 0.16%.

Below is a dividend history chart for XXM, showing historical dividends prior to the most recent $0.019 declared by First Asset Morningstar US Value:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from XXM is likely to continue, and whether the current estimated yield of 0.63% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of XXM shares:

First Asset Morningstar US Value 200 Day Moving Average Chart

Looking at the chart above, XXM's low point in its 52 week range is $10.17 per share, with $12.68 as the 52 week high point — that compares with a last trade of $12.14.

In Tuesday trading, First Asset Morningstar US Value shares are currently trading flat on the day.

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