Ex-Div Reminder for Valener (VNR)

On 9/26/14, Valener, Inc. (TSX: VNR.TO) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 10/15/14. As a percentage of VNR's recent stock price of $15.83, this dividend works out to approximately 1.58%, so look for shares of Valener, Inc. to trade 1.58% lower — all else being equal — when VNR shares open for trading on 9/26/14.

Below is a dividend history chart for VNR, showing historical dividends prior to the most recent $0.25 declared by Valener, Inc.:

VNR+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 VNR is likely to continue, and whether the current estimated yield of 6.32% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of VNR shares, versus its 200 day moving average:

Valener, Inc. 200 Day Moving Average Chart

Looking at the chart above, VNR's low point in its 52 week range is $15.17 per share, with $16.15 as the 52 week high point — that compares with a last trade of $15.83.

In Wednesday trading, Valener, Inc. shares are currently up about 0.2% on the day.

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark