Ex-Div Reminder for Velan (VLN)

On 6/11/15, Velan, Inc (TSX: VLN.TO) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 6/30/15. As a percentage of VLN's recent stock price of $19.88, this dividend works out to approximately 0.50%.

Below is a dividend history chart for VLN, showing historical dividends prior to the most recent $0.10 declared by Velan, Inc:

VLN+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 VLN is likely to continue, and whether the current estimated yield of 2.01% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of VLN shares, versus its 200 day moving average:

Velan, Inc 200 Day Moving Average Chart

Looking at the chart above, VLN's low point in its 52 week range is $16.41 per share, with $22.50 as the 52 week high point — that compares with a last trade of $19.88.

In Tuesday trading, Velan, Inc shares are currently trading flat on the day.

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