Reminder - CanBanc 8 Income (CBF) Goes Ex-Dividend Soon

On 9/26/14, CanBanc 8 Income (TSX: CBF.TO) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 10/15/14. As a percentage of CBF's recent stock price of $11.14, this dividend works out to approximately 1.35%, so look for shares of CanBanc 8 Income to trade 1.35% lower — all else being equal — when CBF shares open for trading on 9/26/14.

Below is a dividend history chart for CBF, showing historical dividends prior to the most recent $0.15 declared by CanBanc 8 Income:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CBF is likely to continue, and whether the current estimated yield of 5.39% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CBF shares:

CanBanc 8 Income 200 Day Moving Average Chart

Looking at the chart above, CBF's low point in its 52 week range is $9.37 per share, with $11.50 as the 52 week high point — that compares with a last trade of $11.14.

In Wednesday trading, CanBanc 8 Income shares are currently trading flat on the day.

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