Ex-Div Reminder for Canadian Utilities Class B (CU-X)

On 5/5/15, Canadian Utilities Class B (TSX: CU-X.TO) will trade ex-dividend, for its quarterly dividend of $0.295, payable on 6/1/15. As a percentage of CU.X's recent stock price of $39.23, this dividend works out to approximately 0.75%, so look for shares of Canadian Utilities Class B to trade 0.75% lower — all else being equal — when CU.X shares open for trading on 5/5/15.

Below is a dividend history chart for CU.X, showing historical dividends prior to the most recent $0.295 declared by Canadian Utilities Class B:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CU.X is likely to continue, and whether the current estimated yield of 3.01% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CU.X shares:

Canadian Utilities Class B 200 Day Moving Average Chart

Looking at the chart above, CU.X's low point in its 52 week range is $36.79 per share, with $44.20 as the 52 week high point — that compares with a last trade of $39.23.

In Friday trading, Canadian Utilities Class B shares are currently trading flat on the day.

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