Ex-Div Reminder for Canexus (CUS)

On 6/26/15, Canexus Corp (TSX: CUS.TO) will trade ex-dividend, for its quarterly dividend of $0.01, payable on 7/15/15. As a percentage of CUS's recent stock price of $1.58, this dividend works out to approximately 0.63%, so look for shares of Canexus Corp to trade 0.63% lower — all else being equal — when CUS shares open for trading on 6/26/15.

Below is a dividend history chart for CUS, showing historical dividends prior to the most recent $0.01 declared by Canexus Corp:

CUS+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 CUS is likely to continue, and whether the current estimated yield of 2.53% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CUS shares, versus its 200 day moving average:

Canexus Corp 200 Day Moving Average Chart

Looking at the chart above, CUS's low point in its 52 week range is $1.37 per share, with $5.49 as the 52 week high point — that compares with a last trade of $1.58.

In Wednesday trading, Canexus Corp shares are currently trading flat on the day.

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