Cash Dividend On The Way From Altus Group (AIF.CA)

On 6/26/15, Altus Group Ltd. (TSX: AIF.TO) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 7/15/15. As a percentage of AIF's recent stock price of $17.80, this dividend works out to approximately 0.84%, so look for shares of Altus Group Ltd. to trade 0.84% lower — all else being equal — when AIF shares open for trading on 6/26/15.

Below is a dividend history chart for AIF, showing historical dividends prior to the most recent $0.15 declared by Altus Group Ltd.:

AIF+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 AIF is likely to continue, and whether the current estimated yield of 3.37% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AIF shares, versus its 200 day moving average:

Altus Group Ltd. 200 Day Moving Average Chart

Looking at the chart above, AIF's low point in its 52 week range is $17.26 per share, with $24.49 as the 52 week high point — that compares with a last trade of $17.80.

In Wednesday trading, Altus Group Ltd. shares are currently off about 0.7% on the day.

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