AFN Ex-Dividend Reminder - 9/26/14

On 9/26/14, AG Growth International Inc. (TSX: AFN.TO) will trade ex-dividend, for its monthly dividend of $0.20, payable on 10/15/14. As a percentage of AFN's recent stock price of $42.79, this dividend works out to approximately 0.47%.

Below is a dividend history chart for AFN, showing historical dividends prior to the most recent $0.20 declared by AG Growth International Inc.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AFN is likely to continue, and whether the current estimated yield of 5.61% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AFN shares, versus its 200 day moving average:

AG Growth International Inc. 200 Day Moving Average Chart

Looking at the chart above, AFN's low point in its 52 week range is $36.04 per share, with $49.44 as the 52 week high point — that compares with a last trade of $42.60.

In Wednesday trading, AG Growth International Inc. shares are currently off about 0.4% on the day.

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