Reminder - Mosaic Capital (M) Goes Ex-Dividend Soon

On 11/26/14, Mosaic Capital Corporation (TSXV: M.TO) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 12/31/14. As a percentage of M's recent stock price of $13.75, this dividend works out to approximately 0.73%, so look for shares of Mosaic Capital Corporation to trade 0.73% lower — all else being equal — when M shares open for trading on 11/26/14.

Below is a dividend history chart for M, showing historical dividends prior to the most recent $0.10 declared by Mosaic Capital Corporation:

M+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 M is likely to continue, and whether the current estimated yield of 2.91% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of M shares, versus its 200 day moving average:

Mosaic Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, M's low point in its 52 week range is $10.09 per share, with $14.95 as the 52 week high point — that compares with a last trade of $13.75.

In Monday trading, Mosaic Capital Corporation shares are currently up about 0.4% on the day.

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