HNL Ex-Dividend Reminder - 6/26/15

On 6/26/15, Horizon North Logistics Inc (TSX: HNL.TO) will trade ex-dividend, for its quarterly dividend of $0.08, payable on 7/15/15. As a percentage of HNL's recent stock price of $4.08, this dividend works out to approximately 1.96%, so look for shares of Horizon North Logistics Inc to trade 1.96% lower — all else being equal — when HNL shares open for trading on 6/26/15.

Below is a dividend history chart for HNL, showing historical dividends prior to the most recent $0.08 declared by Horizon North Logistics Inc:

HNL+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 HNL is likely to continue, and whether the current estimated yield of 7.84% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HNL shares, versus its 200 day moving average:

Horizon North Logistics Inc 200 Day Moving Average Chart

Looking at the chart above, HNL's low point in its 52 week range is $1.80 per share, with $7.78 as the 52 week high point — that compares with a last trade of $4.08.

In Wednesday trading, Horizon North Logistics Inc shares are currently off about 0.2% on the day.

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