Cash Dividend On The Way From AG Growth International (AFN)

On 5/27/15, AG Growth International Inc. (TSX: AFN.TO) will trade ex-dividend, for its monthly dividend of $0.20, payable on 6/13/15. As a percentage of AFN's recent stock price of $54.67, this dividend works out to approximately 0.37%.

Below is a dividend history chart for AFN, showing historical dividends prior to the most recent $0.20 declared by AG Growth International Inc.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AFN is likely to continue, and whether the current estimated yield of 4.39% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AFN shares, versus its 200 day moving average:

AG Growth International Inc. 200 Day Moving Average Chart

Looking at the chart above, AFN's low point in its 52 week range is $41.45 per share, with $57.99 as the 52 week high point — that compares with a last trade of $54.67.

In Tuesday trading, AG Growth International Inc. shares are currently trading flat on the day.

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