Ex-Div Reminder for Newalta (NAL)

On 6/26/15, Newalta Corp (TSX: NAL.TO) will trade ex-dividend, for its quarterly dividend of $0.125, payable on 7/15/15. As a percentage of NAL's recent stock price of $15.04, this dividend works out to approximately 0.83%, so look for shares of Newalta Corp to trade 0.83% lower — all else being equal — when NAL shares open for trading on 6/26/15.

Below is a dividend history chart for NAL, showing historical dividends prior to the most recent $0.125 declared by Newalta Corp:

NAL+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 NAL is likely to continue, and whether the current estimated yield of 3.32% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NAL shares, versus its 200 day moving average:

Newalta Corp 200 Day Moving Average Chart

Looking at the chart above, NAL's low point in its 52 week range is $12.59 per share, with $22.97 as the 52 week high point — that compares with a last trade of $15.02.

In Wednesday trading, Newalta Corp shares are currently off about 0.2% on the day.

More from Stocks

Jim Cramer on U.S.-China Trade: The Media Has it Wrong

Jim Cramer on U.S.-China Trade: The Media Has it Wrong

To Win at Trade the U.S. Must Act and Behave Like China

To Win at Trade the U.S. Must Act and Behave Like China

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Video: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Why PayPal's CEO Doesn't Fear Amazon Entering Mobile Payments

Why PayPal's CEO Doesn't Fear Amazon Entering Mobile Payments