Cash Dividend On The Way From Canam Group (CAM)

On 6/12/15, Canam Group Inc (TSX: CAM.TO) will trade ex-dividend, for its quarterly dividend of $0.04, payable on 6/30/15. As a percentage of CAM's recent stock price of $14.36, this dividend works out to approximately 0.28%.

Below is a dividend history chart for CAM, showing historical dividends prior to the most recent $0.04 declared by Canam Group Inc:

CAM+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 CAM is likely to continue, and whether the current estimated yield of 1.11% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CAM shares, versus its 200 day moving average:

Canam Group Inc 200 Day Moving Average Chart

Looking at the chart above, CAM's low point in its 52 week range is $9.09 per share, with $15.00 as the 52 week high point — that compares with a last trade of $14.36.

In Wednesday trading, Canam Group Inc shares are currently down about 0.5% on the day.

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