Reminder - Dorel Industries (DII-B) Goes Ex-Dividend Soon

On 5/19/15, Dorel Industries Inc (TSX: DII-B.TO) will trade ex-dividend, for its quarterly dividend of $0.30, payable on 6/4/15. As a percentage of DII.B's recent stock price of $34.37, this dividend works out to approximately 0.87%, so look for shares of Dorel Industries Inc to trade 0.87% lower — all else being equal — when DII.B shares open for trading on 5/19/15.

Below is a dividend history chart for DII.B, showing historical dividends prior to the most recent $0.30 declared by Dorel Industries Inc:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DII.B is likely to continue, and whether the current estimated yield of 3.49% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DII.B shares, versus its 200 day moving average:

Dorel Industries Inc 200 Day Moving Average Chart

Looking at the chart above, DII.B's low point in its 52 week range is $31.98 per share, with $42.12 as the 52 week high point — that compares with a last trade of $34.37.

In Friday trading, Dorel Industries Inc shares are currently trading flat on the day.

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