Cash Dividend On The Way From Atco Limited (ACO-Y)

On 12/3/14, Atco Limited Class 2 (TSX: ACO-Y.TO) will trade ex-dividend, for its quarterly dividend of $0.215, payable on 12/31/14. As a percentage of ACO.Y's recent stock price of $48.50, this dividend works out to approximately 0.44%.

Below is a dividend history chart for ACO.Y, showing historical dividends prior to the most recent $0.215 declared by Atco Limited Class 2:

ACO.Y+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 ACO.Y is likely to continue, and whether the current estimated yield of 1.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ACO.Y shares:

Atco Limited Class 2 200 Day Moving Average Chart

Looking at the chart above, ACO.Y's low point in its 52 week range is $44.65 per share, with $55.00 as the 52 week high point — that compares with a last trade of $48.50.

In Monday trading, Atco Limited Class 2 shares are currently trading flat on the day.

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