Tricon Capital Group About To Put More Money In Your Pocket (TCN)

On 9/26/14, Tricon Capital Group (TSX: TCN.TO) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 10/15/14. As a percentage of TCN's recent stock price of $7.66, this dividend works out to approximately 0.78%, so look for shares of Tricon Capital Group to trade 0.78% lower — all else being equal — when TCN shares open for trading on 9/26/14.

Below is a dividend history chart for TCN, showing historical dividends prior to the most recent $0.06 declared by Tricon Capital Group:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TCN is likely to continue, and whether the current estimated yield of 3.13% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TCN shares, versus its 200 day moving average:

Tricon Capital Group 200 Day Moving Average Chart

Looking at the chart above, TCN's low point in its 52 week range is $6.65 per share, with $8.54 as the 52 week high point — that compares with a last trade of $7.68.

In Wednesday trading, Tricon Capital Group shares are currently up about 0.8% on the day.

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