Ex-Div Reminder for Algoma Central (ALC)

On 5/13/15, Algoma Central Corp. (TSX: ALC.TO) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 6/1/15. As a percentage of ALC's recent stock price of $17.08, this dividend works out to approximately 0.41%.

Below is a dividend history chart for ALC, showing historical dividends prior to the most recent $0.07 declared by Algoma Central Corp.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ALC is likely to continue, and whether the current estimated yield of 1.64% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ALC shares, versus its 200 day moving average:

Algoma Central Corp. 200 Day Moving Average Chart

Looking at the chart above, ALC's low point in its 52 week range is $15.05 per share, with $17.43 as the 52 week high point — that compares with a last trade of $17.08.

In Monday trading, Algoma Central Corp. shares are currently trading flat on the day.

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