Reminder - Boralex (BLX) Goes Ex-Dividend Soon

On 5/27/15, Boralex, Inc. (TSX: BLX.TO) will trade ex-dividend, for its quarterly dividend of $0.13, payable on 6/15/15. As a percentage of BLX's recent stock price of $14.42, this dividend works out to approximately 0.90%, so look for shares of Boralex, Inc. to trade 0.90% lower — all else being equal — when BLX shares open for trading on 5/27/15.

Below is a dividend history chart for BLX, showing historical dividends prior to the most recent $0.13 declared by Boralex, Inc.:

BLX+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BLX is likely to continue, and whether the current estimated yield of 3.61% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BLX shares, versus its 200 day moving average:

Boralex, Inc. 200 Day Moving Average Chart

Looking at the chart above, BLX's low point in its 52 week range is $12.40 per share, with $14.58 as the 52 week high point — that compares with a last trade of $14.42.

In Tuesday trading, Boralex, Inc. shares are currently off about 0.1% on the day.

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

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