Reminder - MFC Industrial (MIL) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 12/24/14, MFC Industrial Ltd. (MIL) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 1/5/15. As a percentage of MIL's recent stock price of $6.71, this dividend works out to approximately 0.89%, so look for shares of MFC Industrial Ltd. to trade 0.89% lower — all else being equal — when MIL shares open for trading on 12/24/14.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for MIL, showing historical dividends prior to the most recent $0.06 declared by MFC Industrial Ltd.:

MIL+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 MIL is likely to continue, and whether the current estimated yield of 3.58% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of MIL shares, versus its 200 day moving average:

MFC Industrial Ltd. 200 Day Moving Average Chart

Looking at the chart above, MIL's low point in its 52 week range is $5.20 per share, with $8.25 as the 52 week high point — that compares with a last trade of $6.71.

In Monday trading, MFC Industrial Ltd. shares are currently up about 3.2% on the day.

More from Stocks

Abercrombie & Fitch CEO: We Aren't the Same Abercrombie You Once Knew

Abercrombie & Fitch CEO: We Aren't the Same Abercrombie You Once Knew

Amazon Wants to Use Your Car as a Mobile Warehouse - Here's What That Could Mean

Amazon Wants to Use Your Car as a Mobile Warehouse - Here's What That Could Mean

Chipotle's New CEO Has Set its Path for Redemption

Chipotle's New CEO Has Set its Path for Redemption

TheStreet Is About to Hold the BEST Institutional Investor Conference of 2018

TheStreet Is About to Hold the BEST Institutional Investor Conference of 2018

Twitter's Turnaround Continues but Investors Don't Seem Entirely Convinced

Twitter's Turnaround Continues but Investors Don't Seem Entirely Convinced