Vecima Networks About To Put More Money In Your Pocket (VCM)

On 10/2/14, Vecima Networks Inc (TSX: VCM.TO) will trade ex-dividend, for its quarterly dividend of $0.045, payable on 10/28/14. As a percentage of VCM's recent stock price of $8.23, this dividend works out to approximately 0.55%, so look for shares of Vecima Networks Inc to trade 0.55% lower — all else being equal — when VCM shares open for trading on 10/2/14.

Below is a dividend history chart for VCM, showing historical dividends prior to the most recent $0.045 declared by Vecima Networks Inc:

VCM+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 VCM is likely to continue, and whether the current estimated yield of 2.19% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of VCM shares, versus its 200 day moving average:

Vecima Networks Inc 200 Day Moving Average Chart

Looking at the chart above, VCM's low point in its 52 week range is $4.90 per share, with $9.00 as the 52 week high point — that compares with a last trade of $8.21.

In Tuesday trading, Vecima Networks Inc shares are currently up about 0.4% on the day.

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