Reminder - Journey Energy (JOY) Goes Ex-Dividend Soon

On 5/27/15, Journey Energy Incorporated (TSX: JOY.TO) will trade ex-dividend, for its monthly dividend of $0.025, payable on 6/15/15. As a percentage of JOY's recent stock price of $4.50, this dividend works out to approximately 0.56%, so look for shares of Journey Energy Incorporated to trade 0.56% lower — all else being equal — when JOY shares open for trading on 5/27/15.

Below is a dividend history chart for JOY, showing historical dividends prior to the most recent $0.025 declared by Journey Energy Incorporated:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from JOY is likely to continue, and whether the current estimated yield of 6.67% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of JOY shares:

Journey Energy Incorporated 200 Day Moving Average Chart

Looking at the chart above, JOY's low point in its 52 week range is $3.69 per share, with $12.25 as the 52 week high point — that compares with a last trade of $4.50.

In Tuesday trading, Journey Energy Incorporated shares are currently off about 0.7% on the day.

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