Ex-Div Reminder for Can-60 Income (CSY)

On 9/26/14, Can-60 Income (TSX: CSY.TO) will trade ex-dividend, for its quarterly dividend of $0.1625, payable on 10/15/14. As a percentage of CSY's recent stock price of $8.30, this dividend works out to approximately 1.96%, so look for shares of Can-60 Income to trade 1.96% lower — all else being equal — when CSY shares open for trading on 9/26/14.

Below is a dividend history chart for CSY, showing historical dividends prior to the most recent $0.1625 declared by Can-60 Income:

CSY+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 CSY is likely to continue, and whether the current estimated yield of 7.83% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CSY shares, versus its 200 day moving average:

Can-60 Income 200 Day Moving Average Chart

Looking at the chart above, CSY's low point in its 52 week range is $7.65 per share, with $8.63 as the 52 week high point — that compares with a last trade of $8.30.

In Wednesday trading, Can-60 Income shares are currently up about 0.6% on the day.

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