CET Ex-Dividend Reminder - 9/26/14

On 9/26/14, Cathedral Energy Services Ltd. (TSX: CET.TO) will trade ex-dividend, for its quarterly dividend of $0.0825, payable on 10/15/14. As a percentage of CET's recent stock price of $4.17, this dividend works out to approximately 1.98%, so look for shares of Cathedral Energy Services Ltd. to trade 1.98% lower — all else being equal — when CET shares open for trading on 9/26/14.

Below is a dividend history chart for CET, showing historical dividends prior to the most recent $0.0825 declared by Cathedral Energy Services Ltd.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CET is likely to continue, and whether the current estimated yield of 7.91% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CET shares, versus its 200 day moving average:

Cathedral Energy Services Ltd. 200 Day Moving Average Chart

Looking at the chart above, CET's low point in its 52 week range is $4.03 per share, with $6.25 as the 52 week high point — that compares with a last trade of $4.17.

In Wednesday trading, Cathedral Energy Services Ltd. shares are currently down about 0.5% on the day.

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