PHX Energy Services About To Put More Money In Your Pocket (PHX)

On 9/26/14, PHX Energy Services Corp (TSX: PHX.TO) will trade ex-dividend, for its monthly dividend of $0.07, payable on 10/15/14. As a percentage of PHX's recent stock price of $13.50, this dividend works out to approximately 0.52%, so look for shares of PHX Energy Services Corp to trade 0.52% lower — all else being equal — when PHX shares open for trading on 9/26/14.

Below is a dividend history chart for PHX, showing historical dividends prior to the most recent $0.07 declared by PHX Energy Services Corp:

PHX+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 PHX is likely to continue, and whether the current estimated yield of 6.22% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PHX shares, versus its 200 day moving average:

PHX Energy Services Corp 200 Day Moving Average Chart

Looking at the chart above, PHX's low point in its 52 week range is $10.56 per share, with $17.18 as the 52 week high point — that compares with a last trade of $13.50.

In Wednesday trading, PHX Energy Services Corp shares are currently up about 0.8% on the day.

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