Cash Dividend On The Way From Dividend 15 Split Corp. II (DF)

On 11/26/14, Dividend 15 Split Corp. II (TSX: DF.TO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 12/10/14. As a percentage of DF's recent stock price of $8.83, this dividend works out to approximately 1.13%, so look for shares of Dividend 15 Split Corp. II to trade 1.13% lower — all else being equal — when DF shares open for trading on 11/26/14.

Below is a dividend history chart for DF, showing historical dividends prior to the most recent $0.10 declared by Dividend 15 Split Corp. II:

DF+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 DF is likely to continue, and whether the current estimated yield of 13.59% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DF shares, versus its 200 day moving average:

Dividend 15 Split Corp. II 200 Day Moving Average Chart

Looking at the chart above, DF's low point in its 52 week range is $7.47 per share, with $9.22 as the 52 week high point — that compares with a last trade of $8.83.

In Monday trading, Dividend 15 Split Corp. II shares are currently off about 0.1% on the day.

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