Reminder - Capital Power (CPX) Goes Ex-Dividend Soon

On 9/26/14, Capital Power Corp (TSX: CPX.TO) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 10/31/14. As a percentage of CPX's recent stock price of $26.71, this dividend works out to approximately 1.27%, so look for shares of Capital Power Corp to trade 1.27% lower — all else being equal — when CPX shares open for trading on 9/26/14.

Below is a dividend history chart for CPX, showing historical dividends prior to the most recent $0.34 declared by Capital Power Corp:

CPX+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 CPX is likely to continue, and whether the current estimated yield of 5.09% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CPX shares, versus its 200 day moving average:

Capital Power Corp 200 Day Moving Average Chart

Looking at the chart above, CPX's low point in its 52 week range is $20.30 per share, with $28.71 as the 52 week high point — that compares with a last trade of $26.70.

In Wednesday trading, Capital Power Corp shares are currently down about 0.2% on the day.

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