IRG Ex-Dividend Reminder - 6/16/15

On 6/16/15, Imvescor Restaurant Group Inc (TSX: IRG.TO) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 7/2/15. As a percentage of IRG's recent stock price of $2.04, this dividend works out to approximately 0.98%, so look for shares of Imvescor Restaurant Group Inc to trade 0.98% lower — all else being equal — when IRG shares open for trading on 6/16/15.

Below is a dividend history chart for IRG, showing historical dividends prior to the most recent $0.02 declared by Imvescor Restaurant Group Inc:

IRG+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 IRG is likely to continue, and whether the current estimated yield of 3.92% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IRG shares, versus its 200 day moving average:

Imvescor Restaurant Group Inc 200 Day Moving Average Chart

Looking at the chart above, IRG's low point in its 52 week range is $1.42 per share, with $2.55 as the 52 week high point — that compares with a last trade of $2.04.

In Friday trading, Imvescor Restaurant Group Inc shares are currently trading flat on the day.

More from Stocks

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019

9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019

Quick Read: 3 Things for Investors to Know Before Wednesday's Trading Session

Quick Read: 3 Things for Investors to Know Before Wednesday's Trading Session

Replay: Jim Cramer on the Markets, Oil, General Electric, Zillow and Micron

Replay: Jim Cramer on the Markets, Oil, General Electric, Zillow and Micron

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around