Ex-Div Reminder For Hammond Power Solutions (HPS-A)

On 6/16/15, Hammond Power Solutions Inc. (TSX: HPS-A.TO) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 6/25/15. As a percentage of HPS.A's recent stock price of $6.85, this dividend works out to approximately 0.88%, so look for shares of Hammond Power Solutions Inc. to trade 0.88% lower — all else being equal — when HPS.A shares open for trading on 6/16/15.

Below is a dividend history chart for HPS.A, showing historical dividends prior to the most recent $0.06 declared by Hammond Power Solutions Inc.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HPS.A is likely to continue, and whether the current estimated yield of 3.50% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HPS.A shares:

Hammond Power Solutions Inc. 200 Day Moving Average Chart

Looking at the chart above, HPS.A's low point in its 52 week range is $5.75 per share, with $9.34 as the 52 week high point — that compares with a last trade of $6.85.

In Friday trading, Hammond Power Solutions Inc. shares are currently trading flat on the day.

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