Newalta About To Put More Money In Your Pocket (NAL)

On 9/26/14, Newalta Corp (TSX: NAL.TO) will trade ex-dividend, for its quarterly dividend of $0.125, payable on 10/15/14. As a percentage of NAL's recent stock price of $21.90, this dividend works out to approximately 0.57%, so look for shares of Newalta Corp to trade 0.57% lower — all else being equal — when NAL shares open for trading on 9/26/14.

Below is a dividend history chart for NAL, showing historical dividends prior to the most recent $0.125 declared by Newalta Corp:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NAL is likely to continue, and whether the current estimated yield of 2.28% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NAL shares, versus its 200 day moving average:

Newalta Corp 200 Day Moving Average Chart

Looking at the chart above, NAL's low point in its 52 week range is $14.81 per share, with $22.97 as the 52 week high point — that compares with a last trade of $21.90.

In Wednesday trading, Newalta Corp shares are currently down about 0.2% on the day.

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