US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark

In trading on Tuesday, shares of US Housing Recovery Fund Class A (TSX: USH-UN.TO) were yielding above the 6% mark based on its monthly dividend (annualized to $0.60), with the stock changing hands as low as $9.95 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of US Housing Recovery Fund Class A, looking at the history chart for USH.UN below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 6% annual yield.

START SLIDESHOW:
Click here to find out which 9 other Canadian dividend stocks just recently went ''on sale'' and crossed into new yield territory »

USH.UN+Dividend+History+Chart

The chart below shows the one year performance of USH.UN shares:

US Housing Recovery Fund Class A 200 Day Moving Average Chart

Looking at the chart above, USH.UN's low point in its 52 week range is $8.15 per share, with $10.18 as the 52 week high point — that compares with a last trade of $10.07.

More from Stocks

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump

Novo Nordisk Stock Rises 4% Over 2 Sessions

Novo Nordisk Stock Rises 4% Over 2 Sessions

Stock Market Just Took Another Beating -- Here's What You Need to Know

Stock Market Just Took Another Beating -- Here's What You Need to Know