Reminder - Wajax (WJX) Goes Ex-Dividend Soon

On 6/11/15, Wajax Corp (TSX: WJX.TO) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 7/3/15. As a percentage of WJX's recent stock price of $23.40, this dividend works out to approximately 1.07%, so look for shares of Wajax Corp to trade 1.07% lower — all else being equal — when WJX shares open for trading on 6/11/15.

Below is a dividend history chart for WJX, showing historical dividends prior to the most recent $0.25 declared by Wajax Corp:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from WJX is likely to continue, and whether the current estimated yield of 4.27% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of WJX shares, versus its 200 day moving average:

Wajax Corp 200 Day Moving Average Chart

Looking at the chart above, WJX's low point in its 52 week range is $22.33 per share, with $38.90 as the 52 week high point — that compares with a last trade of $23.55.

In Tuesday trading, Wajax Corp shares are currently trading flat on the day.

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